https://www.taxtmi.com/caselaws?id=336013 The Appellate Tribunal CESTAT Hyderabad ruled in favor of the appellants in a case concerning liability for Customs duty, redemption fine, and penalty under Section 112 of the Customs Act. The Tribunal found that the appellants were not at fault for availing CENVAT credit on goods purchased from another party, as the culpability for duty liability rested solely with the selling party. The imposition of a redemption fine on the appellants was deemed unsustainable, leading to the allowance of the appeal and relief from the penalties imposed. en-us Mon, 07 Nov 2016 00:00:00 +0530 Fri, 02 Feb 2018 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336013 The Appellate Tribunal CESTAT Hyderabad ruled in favor of the appellants in a case concerning liability for Customs duty, redemption fine, and penalty under Section 112 of the Customs Act. The Tribunal found that the appellants were not at fault for availing CENVAT credit on goods purchased from another party, as the culpability for duty liability rested solely with the selling party. The imposition of a redemption fine on the appellants was deemed unsustainable, leading to the allowance of the appeal and relief from the penalties imposed. Case-Laws Central Excise Mon, 07 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336013