https://www.taxtmi.com/caselaws?id=116396 The Tribunal partly allowed the appeal, upholding duty demand on imported raw material, reducing penalty from Rs. 10,000 to Rs. 5,000 for clandestine clearance, recalculating duty based on corrected value, and setting aside interest payment liability due to clearance predating relevant provision. The Tribunal considered the specific circumstances of the case in making these adjustments. en-us Mon, 11 Jul 2005 00:00:00 +0530 Tue, 12 Jun 2012 11:04:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116396 The Tribunal partly allowed the appeal, upholding duty demand on imported raw material, reducing penalty from Rs. 10,000 to Rs. 5,000 for clandestine clearance, recalculating duty based on corrected value, and setting aside interest payment liability due to clearance predating relevant provision. The Tribunal considered the specific circumstances of the case in making these adjustments. Case-Laws Customs Mon, 11 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116396