https://www.taxtmi.com/caselaws?id=352190 The Tribunal set aside the penalty imposed under Section 114AA of the Customs Act, 1962 in a case involving hazardous waste petroleum products. It found that the appellant, involved in import and sales, did not provide false information and could not be held liable for clandestine diversion of goods. Citing inconsistencies in the Department's stance and a prior order, the Tribunal concluded the penalty was unjustified due to the Revenue's failure to prove illegal import. As a result, the penalty was revoked, and the appellant's appeal was allowed. en-us Thu, 23 Nov 2017 00:00:00 +0530 Sat, 09 Dec 2017 08:25:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352190 The Tribunal set aside the penalty imposed under Section 114AA of the Customs Act, 1962 in a case involving hazardous waste petroleum products. It found that the appellant, involved in import and sales, did not provide false information and could not be held liable for clandestine diversion of goods. Citing inconsistencies in the Department's stance and a prior order, the Tribunal concluded the penalty was unjustified due to the Revenue's failure to prove illegal import. As a result, the penalty was revoked, and the appellant's appeal was allowed. Case-Laws Customs Thu, 23 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352190