https://www.taxtmi.com/caselaws?id=343697 The Appellate Tribunal CESTAT Bangalore dismissed two appeals filed by the Revenue challenging impugned orders passed by the Commissioner of Customs. The appeals concerned the imposition of penalties under Section 114A of the Customs Act and the applicability of penalties to corresponding interest under Section 28 AB of the Customs Act. The Tribunal held that penalties under Section 114A cannot be imposed on interest, citing precedents and the specific language of the provision. Therefore, the Tribunal upheld the impugned orders, ruling in favor of the assessee and dismissing the Revenue's appeals. en-us Mon, 10 Apr 2017 00:00:00 +0530 Wed, 31 May 2017 07:00:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343697 The Appellate Tribunal CESTAT Bangalore dismissed two appeals filed by the Revenue challenging impugned orders passed by the Commissioner of Customs. The appeals concerned the imposition of penalties under Section 114A of the Customs Act and the applicability of penalties to corresponding interest under Section 28 AB of the Customs Act. The Tribunal held that penalties under Section 114A cannot be imposed on interest, citing precedents and the specific language of the provision. Therefore, the Tribunal upheld the impugned orders, ruling in favor of the assessee and dismissing the Revenue's appeals. Case-Laws Customs Mon, 10 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343697