sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Customs and Excise »
  Notification No. 22/2018-Central Excise Ministry Of Finance
 Notification No. 21/2018-Central Excise Ministry Of Finance
 Notification No. 85/2018 - Customs (N.T.) Central Board Of Indirect Taxes And Customs
 Ministry Of Finance Notification No. 69/2018 – Customs
 Ministry Of Finance Notification No. 70 /2018–customs
 Central Board Of Direct Taxes Notification
 Central Board Of Indirect Taxes And Customs Notification No. 62/2018-Customs
 Central Board Of Indirect Taxes And Customs Notification No.63/2018 - Customs (N.T.)
 Ministry Of Finance Notification No. 50/2018–customs
 Delhi Customs launches special drive to help exporters get quick tax refunds
  Customs Audit Regulations, 2018

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 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Outsourcing Test Solutions Software Testing Software Bug Testing Software Issues Tracking Software Issue Fix Software Code Optimization Database Design Optimization

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions