https://www.taxtmi.com/caselaws?id=174431 The Tribunal upheld duty demands and interest due to the fraudulent use of DEPB licenses. Confiscation orders were upheld, but no redemption fine was imposed due to unavailability of goods. Penalties under Section 112(a) were set aside for fresh adjudication post investigation conclusion. The argument of time-barred proceedings was dismissed, citing fraud vitiating time limits. Duty demand appeals were dismissed, while penalty appeals were remanded for further review. en-us Fri, 25 Jan 2008 00:00:00 +0530 Wed, 13 Sep 2017 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174431 The Tribunal upheld duty demands and interest due to the fraudulent use of DEPB licenses. Confiscation orders were upheld, but no redemption fine was imposed due to unavailability of goods. Penalties under Section 112(a) were set aside for fresh adjudication post investigation conclusion. The argument of time-barred proceedings was dismissed, citing fraud vitiating time limits. Duty demand appeals were dismissed, while penalty appeals were remanded for further review. Case-Laws Customs Fri, 25 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174431