https://www.taxtmi.com/caselaws?id=333108 The court upheld that penalties under Section 114A of the Customs Act should be equal to the duty or interest determined, rejecting the appellants' argument for penalties equal to the differential duty. Relying on precedents like Bharathi Airtel Ltd. & Others Vs. C.C., Bangalore, the court concluded that determining interest at the time of adjudication is complex, justifying penalties based on duty determined. Following consistent Tribunal rulings, the judge dismissed the Revenue's appeals, establishing a precedent for penalty calculation in duty and interest cases under Section 114A. en-us Mon, 29 Aug 2016 00:00:00 +0530 Mon, 03 Oct 2016 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333108 The court upheld that penalties under Section 114A of the Customs Act should be equal to the duty or interest determined, rejecting the appellants' argument for penalties equal to the differential duty. Relying on precedents like Bharathi Airtel Ltd. & Others Vs. C.C., Bangalore, the court concluded that determining interest at the time of adjudication is complex, justifying penalties based on duty determined. Following consistent Tribunal rulings, the judge dismissed the Revenue's appeals, establishing a precedent for penalty calculation in duty and interest cases under Section 114A. Case-Laws Customs Mon, 29 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333108