https://www.taxtmi.com/caselaws?id=359323 The Revenue's appeal against an order confirming a demand, confiscation, and penalty under the Customs Act was dismissed. The Tribunal upheld the duty demand but set aside the penalty, citing lack of evidence of intent to evade duty. The Tribunal noted the importer's use of the Duty Entitlement Pass Book Scheme but found no justification for the non-imposition of a redemption fine. Despite previous decisions allowing for a fine under section 125, the absence of a bond covering the recovery of the fine rendered quantification impossible. en-us Thu, 05 Apr 2018 00:00:00 +0530 Fri, 27 Apr 2018 08:31:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359323 The Revenue's appeal against an order confirming a demand, confiscation, and penalty under the Customs Act was dismissed. The Tribunal upheld the duty demand but set aside the penalty, citing lack of evidence of intent to evade duty. The Tribunal noted the importer's use of the Duty Entitlement Pass Book Scheme but found no justification for the non-imposition of a redemption fine. Despite previous decisions allowing for a fine under section 125, the absence of a bond covering the recovery of the fine rendered quantification impossible. Case-Laws Customs Thu, 05 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359323