https://www.taxtmi.com/caselaws?id=125358 The Commissioner confirmed a duty of Rs. 1,04,997 on appellants for illicitly removing imported goods. The Tribunal imposed a penalty equal to the confirmed duty on M/s. Akash Fabrics under Section 114A of the Customs Act, 1962, citing precedent from the Supreme Court. Additionally, a penalty of Rs. 10,000 was imposed on the partner of M/s. Akash Fabrics for his involvement in the illicit removal. Both appeals were rejected, affirming the penalties imposed on the appellants and the partner. en-us Thu, 26 Mar 2009 00:00:00 +0530 Tue, 23 Oct 2012 12:28:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125358 The Commissioner confirmed a duty of Rs. 1,04,997 on appellants for illicitly removing imported goods. The Tribunal imposed a penalty equal to the confirmed duty on M/s. Akash Fabrics under Section 114A of the Customs Act, 1962, citing precedent from the Supreme Court. Additionally, a penalty of Rs. 10,000 was imposed on the partner of M/s. Akash Fabrics for his involvement in the illicit removal. Both appeals were rejected, affirming the penalties imposed on the appellants and the partner. Case-Laws Central Excise Thu, 26 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125358