https://www.taxtmi.com/caselaws?id=119597 The Tribunal ruled in favor of the appellants, setting aside the penalty imposed on them under Section 114A read with Section 112(a) of the Customs Act, 1962. The decision was based on the non-applicability of Notification No. 56/98-Cus. to the appellants. The Tribunal determined that the provisions of Section 3A(4) of the Customs Tariff Act did not allow for the imposition of penalties for violations, following a precedent set by the Supreme Court in a similar case. As a result, the penalty imposed on the appellants was overturned. en-us Wed, 12 Apr 2006 00:00:00 +0530 Thu, 12 Jul 2012 10:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119597 The Tribunal ruled in favor of the appellants, setting aside the penalty imposed on them under Section 114A read with Section 112(a) of the Customs Act, 1962. The decision was based on the non-applicability of Notification No. 56/98-Cus. to the appellants. The Tribunal determined that the provisions of Section 3A(4) of the Customs Tariff Act did not allow for the imposition of penalties for violations, following a precedent set by the Supreme Court in a similar case. As a result, the penalty imposed on the appellants was overturned. Case-Laws Customs Wed, 12 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119597