https://www.taxtmi.com/caselaws?id=354738 The Tribunal found no deliberate violation of exemption notification conditions by M/s. Malu Paper Mills Ltd. The diversion of imported waste paper for non-newsprint was deemed incidental, without evidence of fraud. The additional BCD demand was set aside, and the penalty under Section 114A was annulled. However, a reduced penalty of Rs. 50,000 was imposed on the director for not informing the Revenue about the diversion. The appeals were allowed, emphasizing the lack of fraudulent intent and substantial compliance with notification conditions. en-us Tue, 16 Jan 2018 00:00:00 +0530 Fri, 22 Feb 2019 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354738 The Tribunal found no deliberate violation of exemption notification conditions by M/s. Malu Paper Mills Ltd. The diversion of imported waste paper for non-newsprint was deemed incidental, without evidence of fraud. The additional BCD demand was set aside, and the penalty under Section 114A was annulled. However, a reduced penalty of Rs. 50,000 was imposed on the director for not informing the Revenue about the diversion. The appeals were allowed, emphasizing the lack of fraudulent intent and substantial compliance with notification conditions. Case-Laws Customs Tue, 16 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354738