https://www.taxtmi.com/caselaws?id=107542 The tribunal upheld the importer's liability to duty but set aside the imposition of interest under Section 28AB, confiscation of goods, and penalties on the importer and its Managing Director. The tribunal recognized the importer's genuine difficulties and efforts to fulfill export obligations, finding no deliberate intent to defraud or misrepresent. Appeals challenging the levy of interest, confiscation, and penalties were allowed, and the impugned order was set aside in that regard. en-us Mon, 12 May 2003 00:00:00 +0530 Fri, 23 Mar 2012 12:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107542 The tribunal upheld the importer's liability to duty but set aside the imposition of interest under Section 28AB, confiscation of goods, and penalties on the importer and its Managing Director. The tribunal recognized the importer's genuine difficulties and efforts to fulfill export obligations, finding no deliberate intent to defraud or misrepresent. Appeals challenging the levy of interest, confiscation, and penalties were allowed, and the impugned order was set aside in that regard. Case-Laws Customs Mon, 12 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107542