The Madras High Court held that the levy of penalty at twice the amount of entry tax on imported goods is unjustifiable. The petitioner, M/s.National Asphalt Products and Construction Company is a company involved in the business of road laying and construction. Through three Bills of Entries, the petitioner had imported three heavy road laying […]
from Taxscan | Simplifying Tax Laws https://ift.tt/305sjDh
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