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of The CESTAT held that the respondent-importer had wrongly claimed a lower IGST rate on import of a Single Jersey Circular Knitting Machine, constituting suppression of facts. The extended period of limitation and penalties u/s 114A were rightly invoked, as there was no mala fide intent. The imported goods were liable for confiscation u/s 111(m), but no redemption fine was imposed since the goods were unavailable. The Revenue's appeal was allowed, upholding the demand for short-paid duty while setting aside the penalties.
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