https://www.taxtmi.com/caselaws?id=172066 The Tribunal allowed the Stay Petition, finding merit in the appellant's argument regarding the classification of the exported product as freely exportable under the Export Policy at the time of export. The appellant's contention was upheld, leading to the waiver of the penalty imposed under Section 114 of the Customs Act, 1962. The recovery of the penalty was stayed pending the appeal's disposal. en-us Wed, 07 Aug 2013 00:00:00 +0530 Tue, 11 Aug 2015 19:29:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172066 The Tribunal allowed the Stay Petition, finding merit in the appellant's argument regarding the classification of the exported product as freely exportable under the Export Policy at the time of export. The appellant's contention was upheld, leading to the waiver of the penalty imposed under Section 114 of the Customs Act, 1962. The recovery of the penalty was stayed pending the appeal's disposal. Case-Laws Customs Wed, 07 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172066