https://www.taxtmi.com/caselaws?id=178787 The case involved a 100% EOU facing duty demand and penalty imposition under Section 114A for a shortage of duty-free imported Polyester Filament Yarn. The Commissioner (Appeals) upheld the duty demand but reduced the redemption fine, while setting aside the penalty under Section 114A based on a Tribunal decision. The duty amount was maintained due to non-compliance, and a reduced penalty under Section 112(b) was deemed appropriate. The redemption fine reduction was not further reduced, emphasizing the importance of applying penalty provisions correctly based on contraventions. The appeal was rejected except for the personal penalty under Section 114A. en-us Wed, 27 Feb 2008 00:00:00 +0530 Fri, 12 Feb 2016 15:59:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178787 The case involved a 100% EOU facing duty demand and penalty imposition under Section 114A for a shortage of duty-free imported Polyester Filament Yarn. The Commissioner (Appeals) upheld the duty demand but reduced the redemption fine, while setting aside the penalty under Section 114A based on a Tribunal decision. The duty amount was maintained due to non-compliance, and a reduced penalty under Section 112(b) was deemed appropriate. The redemption fine reduction was not further reduced, emphasizing the importance of applying penalty provisions correctly based on contraventions. The appeal was rejected except for the personal penalty under Section 114A. Case-Laws Customs Wed, 27 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178787