https://www.taxtmi.com/caselaws?id=348260 The Appellate Tribunal CESTAT KOLKATA confirmed the appellant's liability for a differential duty amounting to INR 94,23,839 due to non-utilization of imported capital goods intended for a specific project. The Tribunal upheld the confiscation of the goods under Section 111(o) of the Customs Act for breaching actual user conditions, reducing the redemption fine and penalty to INR 1.00 Crore and INR 50.00 lacs, respectively, considering the extended time since import in 1998-1999. en-us Fri, 01 Sep 2017 00:00:00 +0530 Tue, 19 Sep 2017 10:21:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348260 The Appellate Tribunal CESTAT KOLKATA confirmed the appellant's liability for a differential duty amounting to INR 94,23,839 due to non-utilization of imported capital goods intended for a specific project. The Tribunal upheld the confiscation of the goods under Section 111(o) of the Customs Act for breaching actual user conditions, reducing the redemption fine and penalty to INR 1.00 Crore and INR 50.00 lacs, respectively, considering the extended time since import in 1998-1999. Case-Laws Customs Fri, 01 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348260