https://www.taxtmi.com/caselaws?id=171591 Duty liability had to be recomputed by applying the exemption notifications fixing the effective rate in force for the relevant period, because the original assessment had been made on an incorrect duty basis. Penalties imposed simultaneously under Sections 112 and 114A were treated as unsustainable because the two provisions operate mutually exclusively, and the penalty under Section 114A required proper quantification rather than a bare statement that mandatory penalty applied. The matter was therefore remitted for fresh adjudication on both duty and penalty, with consideration of duty already paid before the show cause notices. en-us Tue, 08 Apr 2003 00:00:00 +0530 Sat, 25 Jul 2015 11:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171591 Duty liability had to be recomputed by applying the exemption notifications fixing the effective rate in force for the relevant period, because the original assessment had been made on an incorrect duty basis. Penalties imposed simultaneously under Sections 112 and 114A were treated as unsustainable because the two provisions operate mutually exclusively, and the penalty under Section 114A required proper quantification rather than a bare statement that mandatory penalty applied. The matter was therefore remitted for fresh adjudication on both duty and penalty, with consideration of duty already paid before the show cause notices. Case-Laws Customs Tue, 08 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171591