https://www.taxtmi.com/caselaws?id=195504 The Tribunal upheld the liability of additional duty of Customs on imported ball bearings removed to a different unit within the country. The appellant's plea of bonafide belief was not substantiated with evidence, leading to the imposition of penalty under Rule 15(2) of CCR, 2004 read with Section 11AC of the Central Excise Act, 1944. The appellant was granted the option to pay a reduced penalty of 25% of the duty within a specified period. en-us Wed, 30 Nov 2016 00:00:00 +0530 Thu, 02 Nov 2017 07:34:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195504 The Tribunal upheld the liability of additional duty of Customs on imported ball bearings removed to a different unit within the country. The appellant's plea of bonafide belief was not substantiated with evidence, leading to the imposition of penalty under Rule 15(2) of CCR, 2004 read with Section 11AC of the Central Excise Act, 1944. The appellant was granted the option to pay a reduced penalty of 25% of the duty within a specified period. Case-Laws Central Excise Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195504