https://www.taxtmi.com/caselaws?id=120785 The Tribunal upheld the Commissioner of Customs' jurisdiction in a case involving duty demands and penalties for shortages in imported yarn by a 100% EOU. Penalties under Section 114A were set aside, with the duty amount upheld. The imposed fine of Rs. 5 lakhs was deemed justified for clandestine removal, and penalties under Section 112(b) were upheld at Rs. 30,000 for the appellant and another party receiving goods from the EOU. The decision disposed of the appeals, affirming jurisdiction, setting aside certain penalties, and maintaining fines and penalties based on the case circumstances. en-us Tue, 23 Jan 2007 00:00:00 +0530 Tue, 24 Jul 2012 13:16:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120785 The Tribunal upheld the Commissioner of Customs' jurisdiction in a case involving duty demands and penalties for shortages in imported yarn by a 100% EOU. Penalties under Section 114A were set aside, with the duty amount upheld. The imposed fine of Rs. 5 lakhs was deemed justified for clandestine removal, and penalties under Section 112(b) were upheld at Rs. 30,000 for the appellant and another party receiving goods from the EOU. The decision disposed of the appeals, affirming jurisdiction, setting aside certain penalties, and maintaining fines and penalties based on the case circumstances. Case-Laws Customs Tue, 23 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120785