https://www.taxtmi.com/caselaws?id=270262 The Tribunal rejected the appeal on the issue of failure to specify the name of the firm/person for penalty under Section 114A but accepted the appeal on the imposition of penalty under Section 112 despite penalty under Section 114A. Additionally, the appeal was accepted on the issue of imposing a penalty in lieu of Redemption fine as the goods were not available for confiscation. The Tribunal clarified that penalties under Section 112 and in lieu of redemption fine were not applicable in this case, upholding the principles of the Customs Act, 1962. en-us Tue, 07 Jul 2015 00:00:00 +0530 Thu, 07 Jan 2016 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270262 The Tribunal rejected the appeal on the issue of failure to specify the name of the firm/person for penalty under Section 114A but accepted the appeal on the imposition of penalty under Section 112 despite penalty under Section 114A. Additionally, the appeal was accepted on the issue of imposing a penalty in lieu of Redemption fine as the goods were not available for confiscation. The Tribunal clarified that penalties under Section 112 and in lieu of redemption fine were not applicable in this case, upholding the principles of the Customs Act, 1962. Case-Laws Customs Tue, 07 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270262