https://www.taxtmi.com/caselaws?id=124813 The Appellate Tribunal CESTAT, Ahmedabad granted an unconditional stay on the recovery of penalty amounts imposed on the appellants for failing to follow the prescribed procedure by the Central Board of Excise & Customs in SEZ for obtaining castor oil for export. Despite the breach, as the units were engaged in exports with no direct revenue loss and successful exportation of goods, the Tribunal decided to relieve the appellants of the financial burden during the appeal process, ensuring fairness and transparency in the resolution of the case. en-us Mon, 15 Sep 2008 00:00:00 +0530 Tue, 16 Oct 2012 10:34:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124813 The Appellate Tribunal CESTAT, Ahmedabad granted an unconditional stay on the recovery of penalty amounts imposed on the appellants for failing to follow the prescribed procedure by the Central Board of Excise & Customs in SEZ for obtaining castor oil for export. Despite the breach, as the units were engaged in exports with no direct revenue loss and successful exportation of goods, the Tribunal decided to relieve the appellants of the financial burden during the appeal process, ensuring fairness and transparency in the resolution of the case. Case-Laws Customs Mon, 15 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124813