https://www.taxtmi.com/caselaws?id=333433 The Tribunal upheld the Commissioner (Appeals)'s decision to set aside the confiscation and penalty imposition on seized goods imported by the respondent. The Tribunal dismissed the Revenue's appeal, emphasizing that the voluntary payment of duty and the delayed issuance of the show cause notice rendered the penalty under Rule 25 inapplicable. It was concluded that the goods were not liable for confiscation, and the Revenue's arguments regarding the extension of the notice period were rejected. The Tribunal found no revenue loss and upheld the decision in favor of the respondent. en-us Fri, 03 Jun 2016 00:00:00 +0530 Thu, 05 Jan 2017 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333433 The Tribunal upheld the Commissioner (Appeals)'s decision to set aside the confiscation and penalty imposition on seized goods imported by the respondent. The Tribunal dismissed the Revenue's appeal, emphasizing that the voluntary payment of duty and the delayed issuance of the show cause notice rendered the penalty under Rule 25 inapplicable. It was concluded that the goods were not liable for confiscation, and the Revenue's arguments regarding the extension of the notice period were rejected. The Tribunal found no revenue loss and upheld the decision in favor of the respondent. Case-Laws Central Excise Fri, 03 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333433