https://www.taxtmi.com/caselaws?id=211097 The tribunal held that the appellant was liable to pay customs duty as the Duty Entitlement Passbook (DEPBs) were found to be obtained fraudulently and cancelled ab initio. The tribunal concluded that the department could demand duty under Section 28 without revising the assessment. The demand was not time-barred, and interest on duty was payable from a specified date. The penalty under Section 114A was set aside due to lack of specific allegations. The penalty imposed on an individual was vacated as there was no evidence of involvement in the fraud. en-us Mon, 16 May 2011 00:00:00 +0530 Thu, 11 Oct 2012 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211097 The tribunal held that the appellant was liable to pay customs duty as the Duty Entitlement Passbook (DEPBs) were found to be obtained fraudulently and cancelled ab initio. The tribunal concluded that the department could demand duty under Section 28 without revising the assessment. The demand was not time-barred, and interest on duty was payable from a specified date. The penalty under Section 114A was set aside due to lack of specific allegations. The penalty imposed on an individual was vacated as there was no evidence of involvement in the fraud. Case-Laws Customs Mon, 16 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211097