https://www.taxtmi.com/caselaws?id=202902 The appeal filed by the Revenue against the decision of the Commissioner in dropping the proposal for demand of Customs duty, confiscation of the imported goods, and imposition of penalties was upheld. The Customs duty amounting to Rs. 86,85,363/- was confirmed, along with applicable interest. Penalties were imposed on the respondents and the involved individuals under Section 114A and Section 112(a) of the Customs Act, 1962. The respondents were found to have resorted to suppression of facts and mis-declaration at various stages, leading to the violation of the conditions of the Advance Licences and the exemption notification. en-us Thu, 05 Aug 2010 00:00:00 +0530 Sat, 23 Apr 2011 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202902 The appeal filed by the Revenue against the decision of the Commissioner in dropping the proposal for demand of Customs duty, confiscation of the imported goods, and imposition of penalties was upheld. The Customs duty amounting to Rs. 86,85,363/- was confirmed, along with applicable interest. Penalties were imposed on the respondents and the involved individuals under Section 114A and Section 112(a) of the Customs Act, 1962. The respondents were found to have resorted to suppression of facts and mis-declaration at various stages, leading to the violation of the conditions of the Advance Licences and the exemption notification. Case-Laws Customs Thu, 05 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202902