https://www.taxtmi.com/caselaws?id=352244 The Tribunal found that the gold strips carried by the Appellants were not intended for smuggling and should be taxed at the tariff rate of 15% adv. The penalties and redemption fines imposed were reduced as the Appellants did not have the intention to evade duty. The Appellants were held liable for reduced penalties and fines, with the penalty imposed under Section 114AA being set aside. The Tribunal disposed of all appeals based on the detailed analysis and legal principles applied, resulting in a favorable outcome for the Appellants. en-us Tue, 21 Nov 2017 00:00:00 +0530 Wed, 13 Dec 2017 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352244 The Tribunal found that the gold strips carried by the Appellants were not intended for smuggling and should be taxed at the tariff rate of 15% adv. The penalties and redemption fines imposed were reduced as the Appellants did not have the intention to evade duty. The Appellants were held liable for reduced penalties and fines, with the penalty imposed under Section 114AA being set aside. The Tribunal disposed of all appeals based on the detailed analysis and legal principles applied, resulting in a favorable outcome for the Appellants. Case-Laws Customs Tue, 21 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352244