Customs, Excise and Service Tax Appellate Tribunal has set aside an order that imposed penalties of Rs 17.5 crore and Rs 1.25 crore on Delhi-based Knowledge Infrastructure Systems Private Ltd and its promoter Rahul Bhandare, respectively.
They are accused of inflating the value of coal imports from Indonesia.
In February 2017, the company appealed in the tribunal against the order passed by the adjudicating authority. Read More
Latest posts by The Times Of India (see all)
- JICATo Review Issues Raised By Farmers Affected By Bullet Train Project - December 9, 2018
- Trains To Get Fog Safety Devices - December 9, 2018
- Heritage Walk Gives A Peek Into The Illustrious History Of Indian Railways - December 9, 2018