https://www.taxtmi.com/caselaws?id=261218 The Tribunal allowed the appeal, setting aside the Original Order, as it found the Appellant's belief to be bonafide with no intentional mis-declaration to evade customs duty. It determined that penalty under Section 114AA of the Customs Act, 1962 should not be imposed, citing case law precedent. The jurisdiction of the Single Member Bench to decide the appeal was upheld since the penalty amount was below Rs. 50 lakhs. The dispute over the classification of the oil cake meal as expeller or solvent extracted variety favored the Appellant's argument based on the oil extraction processes used. en-us Tue, 23 Jun 2015 00:00:00 +0530 Mon, 06 Jul 2015 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261218 The Tribunal allowed the appeal, setting aside the Original Order, as it found the Appellant's belief to be bonafide with no intentional mis-declaration to evade customs duty. It determined that penalty under Section 114AA of the Customs Act, 1962 should not be imposed, citing case law precedent. The jurisdiction of the Single Member Bench to decide the appeal was upheld since the penalty amount was below Rs. 50 lakhs. The dispute over the classification of the oil cake meal as expeller or solvent extracted variety favored the Appellant's argument based on the oil extraction processes used. Case-Laws Customs Tue, 23 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261218