https://www.taxtmi.com/caselaws?id=333089 The Tribunal held that under Section 114A of the Customs Act, the penalty should be equal to the duty confirmed, without the authority to reduce it. Relying on precedents, the Tribunal increased the penalty from Rs. 50 lakhs to Rs. 11,02,06,881, aligning with the duty amount. The appeal related to additional document submission was dismissed as an error, not constituting a new appeal. The decision was rendered on 26.08.2016. en-us Fri, 26 Aug 2016 00:00:00 +0530 Fri, 04 Nov 2016 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333089 The Tribunal held that under Section 114A of the Customs Act, the penalty should be equal to the duty confirmed, without the authority to reduce it. Relying on precedents, the Tribunal increased the penalty from Rs. 50 lakhs to Rs. 11,02,06,881, aligning with the duty amount. The appeal related to additional document submission was dismissed as an error, not constituting a new appeal. The decision was rendered on 26.08.2016. Case-Laws Customs Fri, 26 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333089