Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Customs and Excise »
Open DEMAT Account in 24 hrs
 Notification No. 26/2021 Customs Ministry Of Finance
 Delhi Customs issues Covid-19 Facilitation Measures: Relaxation in Procedure for Inbonding of Cargo Import under Warehouse Bill of Entry
 Notification No. 32/2020 CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
  Notification No. 07/2020 Central Board of Indirect Taxes and Customs
 Notification No. 07/2020 Central Board of Indirect Taxes and Customs
 Notification No. 01/2020 Central Board of Indirect Taxes and Customs
  Notification No.91/2019 Central Board Of Indirect Taxes And Customs
 Notification No. 90/2019 Central Board of Indirect Taxes and Customs
 Notification No. 89/2019 Central Bord Of Indirect Taxes And Customs
 Notification No.88/2019 Central Board Of Indirect Taxes And Customs
 Notification No. 87/2019- Customs Ministry Of Finance

SC paves way for trial against RIL in 1987 excise evasion case
September, 14th 2017

The Supreme Court has paved the way for trial against the Reliance Industries Ltd in a three- decade old case relating to alleged evasion of excise duty.

The apex court set aside the October 2015 order of the Gujarat High Court by which it had discharged the company saying that since one of the provisions of Central Excise Rules, 1944, was omitted in 1994 without prescribing any saving clause, the proceedings cannot continue.

"The omission of a procedural rule for availing the credit cannot in any manner affect the said charge.

The prosecution cannot be deprived of the opportunity to prove evasion which by itself is an offence."

The bench said that there was no justification for the high court to quash the charge merely on the ground that a rule have been omitted.

The apex court, while setting aside the high court order, restored the order of the trial court which had in March 2013 framed charges against the company for alleged offences under provisions of the Central Excises and Salt Act, 1944 read with provisions of Central Excise Rules.

A complaint was filed against the company on August 4, 1987, by the then Superintendent of Central Excise department in Ahmedabad alleging evasion of excise duty.

Following the complaint, the trial court had summoned the company. Later, a provision of the Central Excise Rule was omitted by the government by a notification on May 20, 1994.

Thereafter, the company sought discharge in the case but its application was rejected by the trial court which framed charges against it.

The company had challenged the order before the high court which allowed its plea and set aside the trial court order. MNL ABA SJK RKS ARC

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting