https://www.taxtmi.com/caselaws?id=123920 The Appellate Tribunal CESTAT, Ahmedabad upheld the penalty reduction to 25% of the duty demanded in the case challenging penalty under Section 114A of the Customs Act, 1962. The jurisdiction of the Adjudicating Authority was affirmed, emphasizing timely duty payment and addressing clandestine removal from customs bonded warehouses. The appeal was allowed only to the extent of reducing the penalty, with liability for interest payment upheld. en-us Mon, 28 Apr 2008 00:00:00 +0530 Sat, 22 Sep 2012 10:23:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123920 The Appellate Tribunal CESTAT, Ahmedabad upheld the penalty reduction to 25% of the duty demanded in the case challenging penalty under Section 114A of the Customs Act, 1962. The jurisdiction of the Adjudicating Authority was affirmed, emphasizing timely duty payment and addressing clandestine removal from customs bonded warehouses. The appeal was allowed only to the extent of reducing the penalty, with liability for interest payment upheld. Case-Laws Customs Mon, 28 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123920