https://www.taxtmi.com/caselaws?id=98276 Penalty under Section 114A is attracted only where the person is liable to pay duty or interest in the circumstances covered by the provision. Where the appellant neither imported nor exported the goods and there was no finding that it was liable to pay duty or interest, the statutory basis for imposing penalty was absent. The penalty was therefore not sustainable and was set aside. en-us Wed, 24 May 2000 00:00:00 +0530 Thu, 19 Jan 2012 18:30:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98276 Penalty under Section 114A is attracted only where the person is liable to pay duty or interest in the circumstances covered by the provision. Where the appellant neither imported nor exported the goods and there was no finding that it was liable to pay duty or interest, the statutory basis for imposing penalty was absent. The penalty was therefore not sustainable and was set aside. Case-Laws Customs Wed, 24 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98276