https://www.taxtmi.com/caselaws?id=364960 Where the competent Sri Lankan authority, after bilateral consultation, cancelled only two defective certificates of origin and upheld the remaining certificates, the Tribunal held that Indian customs could not disregard that certified position for the other consignments. The imported goods covered by the valid certificates were therefore entitled to ISFTA preferential exemption. Once the exemption was accepted, the differential duty demand, confiscation and penalty under the Customs Act had no foundation, and the additional penalties sought under Sections 114A and 114AA were also rejected. Relief was granted to the importer and the Revenue's case failed. en-us Mon, 06 Aug 2018 00:00:00 +0530 Fri, 06 Mar 2020 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364960 Where the competent Sri Lankan authority, after bilateral consultation, cancelled only two defective certificates of origin and upheld the remaining certificates, the Tribunal held that Indian customs could not disregard that certified position for the other consignments. The imported goods covered by the valid certificates were therefore entitled to ISFTA preferential exemption. Once the exemption was accepted, the differential duty demand, confiscation and penalty under the Customs Act had no foundation, and the additional penalties sought under Sections 114A and 114AA were also rejected. Relief was granted to the importer and the Revenue's case failed. Case-Laws Customs Mon, 06 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364960