https://www.taxtmi.com/caselaws?id=124208 The appellate tribunal upheld the Commissioner (Appeals) decision to set aside the duty demand and penalty imposed on excess goods found in a 100% EOU factory, as there was no evidence of contravention of the Customs Act. The redemption fine was reduced from Rs. 50,000 to Rs. 20,000, and the confiscation of seized goods was upheld due to procedural contravention. The penalty imposed under Section 112 of the Customs Act was set aside and upheld on appeal, as there was no proof that the goods were imported yarn. en-us Wed, 13 Jun 2007 00:00:00 +0530 Wed, 26 Sep 2012 16:59:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124208 The appellate tribunal upheld the Commissioner (Appeals) decision to set aside the duty demand and penalty imposed on excess goods found in a 100% EOU factory, as there was no evidence of contravention of the Customs Act. The redemption fine was reduced from Rs. 50,000 to Rs. 20,000, and the confiscation of seized goods was upheld due to procedural contravention. The penalty imposed under Section 112 of the Customs Act was set aside and upheld on appeal, as there was no proof that the goods were imported yarn. Case-Laws Customs Wed, 13 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124208