https://www.taxtmi.com/caselaws?id=358811 The Tribunal allowed the appeal, setting aside the penalty imposed on the appellant under Section 114(A) of the Customs Act, 1962. The Tribunal found no fraudulent intent in claiming the exemption for goods imported for manufacturing Optic Fiber Cables, emphasizing the correct declaration of goods and lack of evidence of misuse. The appellant's compliance with Customs Rules and lack of mala fide intention led to the waiver of the penalty, with the judgment pronounced on 21.03.2018. en-us Wed, 21 Mar 2018 00:00:00 +0530 Mon, 04 Mar 2019 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358811 The Tribunal allowed the appeal, setting aside the penalty imposed on the appellant under Section 114(A) of the Customs Act, 1962. The Tribunal found no fraudulent intent in claiming the exemption for goods imported for manufacturing Optic Fiber Cables, emphasizing the correct declaration of goods and lack of evidence of misuse. The appellant's compliance with Customs Rules and lack of mala fide intention led to the waiver of the penalty, with the judgment pronounced on 21.03.2018. Case-Laws Customs Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358811