BusinessCESTAT Sets Aside IGST Demand on Defence PSU's LRSAM Software Import
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that Defence PSU Bharat Electronics Limited (BEL), operating under the Ministry of Defence, could not be held liable for wilful mis-declaration or intent to evade duty regarding IGST on LRSAM software imports. The tribunal found the extended limitation period was misapplied in this case.
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