Tax: No Penalty can be Imposed on Partners, If Penalty has been imposed on Partnership Firm

27
01/2020

Tax: No Penalty can be Imposed on Partners, If Penalty has been imposed on Partnership Firm

In CUSTOMS Appeal No. 204 of 2011, Awin Exim Company vs Commissioner (Appeal) Customs, Ahmedabad, the Ahmedabad bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has reduced the penalty on account of ‘no monetary benefits’ to Appellant and has held that when penalty is imposed on partnership firm, penalty cannot be imposed on partnership firm.

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