https://www.taxtmi.com/caselaws?id=176597 The judge upheld the Commissioner's decision setting aside the redemption fine and penalty imposed on the appellant under Section 112 of the Customs Act, 1962. The appellant, a software development unit, had inadvertently imported excess goods due to supplier errors, despite being a 100% EOU with proper certificates. The court found no fraudulent intent on the appellant's part, emphasizing their good faith actions and compliance with duty payments. Consequently, the Revenue's appeal was dismissed, and the penalty and redemption fine were set aside in favor of the appellant. en-us Fri, 13 Feb 2015 00:00:00 +0530 Fri, 25 Dec 2015 09:00:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176597 The judge upheld the Commissioner's decision setting aside the redemption fine and penalty imposed on the appellant under Section 112 of the Customs Act, 1962. The appellant, a software development unit, had inadvertently imported excess goods due to supplier errors, despite being a 100% EOU with proper certificates. The court found no fraudulent intent on the appellant's part, emphasizing their good faith actions and compliance with duty payments. Consequently, the Revenue's appeal was dismissed, and the penalty and redemption fine were set aside in favor of the appellant. Case-Laws Customs Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176597