https://www.taxtmi.com/caselaws?id=363559 The Tribunal upheld the Commissioner (Appeals)' decision to set aside the penalty under Section 114AA of the Customs Act, emphasizing that the penalty was excessive considering the actual importation of goods and not a paper transaction. The department's appeal was dismissed, and the respondent's cross-objection was rejected, concluding the case involving misdeclaration of goods, violations of the Customs Act, and the appropriate application of penalties under different sections. en-us Tue, 03 Jul 2018 00:00:00 +0530 Thu, 05 Mar 2020 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363559 The Tribunal upheld the Commissioner (Appeals)' decision to set aside the penalty under Section 114AA of the Customs Act, emphasizing that the penalty was excessive considering the actual importation of goods and not a paper transaction. The department's appeal was dismissed, and the respondent's cross-objection was rejected, concluding the case involving misdeclaration of goods, violations of the Customs Act, and the appropriate application of penalties under different sections. Case-Laws Customs Tue, 03 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363559