https://www.taxtmi.com/caselaws?id=220333 The Tribunal partially allowed the appeals by the firm and fully allowed the appeals by the partner, setting aside the penalties imposed on him. Penalties were reduced in one appeal, and penalties in another were linked to the differential duty amount. The Tribunal upheld the demand for differential customs duty on undervalued imports from the USA but found demands for imports from other countries and countervailing duty not maintainable. Excess countervailing duty and SAD paid could not be adjusted against customs duty shortfalls at the time of import. en-us Tue, 17 Jul 2012 00:00:00 +0530 Sun, 20 Jan 2013 19:23:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220333 The Tribunal partially allowed the appeals by the firm and fully allowed the appeals by the partner, setting aside the penalties imposed on him. Penalties were reduced in one appeal, and penalties in another were linked to the differential duty amount. The Tribunal upheld the demand for differential customs duty on undervalued imports from the USA but found demands for imports from other countries and countervailing duty not maintainable. Excess countervailing duty and SAD paid could not be adjusted against customs duty shortfalls at the time of import. Case-Laws Customs Tue, 17 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220333