https://www.taxtmi.com/caselaws?id=266809 The tribunal upheld the demand of duty, interest, and penalty on the importer for violating DEPB license conditions. The penalty on the Custom House Agent (CHA) was deemed unwarranted due to lack of evidence of awareness. The tribunal clarified that the restriction on DEPB credit use was clearly stated in the license, rejecting the importer's claim of ignorance. The penalty imposed on a third party involved in selling the license was set aside. The importer's appeal was rejected, and a miscellaneous application for extension of stay was dismissed as infructuous. en-us Tue, 16 Jun 2015 00:00:00 +0530 Wed, 17 Feb 2016 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266809 The tribunal upheld the demand of duty, interest, and penalty on the importer for violating DEPB license conditions. The penalty on the Custom House Agent (CHA) was deemed unwarranted due to lack of evidence of awareness. The tribunal clarified that the restriction on DEPB credit use was clearly stated in the license, rejecting the importer's claim of ignorance. The penalty imposed on a third party involved in selling the license was set aside. The importer's appeal was rejected, and a miscellaneous application for extension of stay was dismissed as infructuous. Case-Laws Customs Tue, 16 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266809