https://www.taxtmi.com/caselaws?id=380100 The Tribunal held that the appellant did not violate the Customs Act by receiving raw material from a 100% EOU firm. Since the goods were not liable for confiscation and all procedures were followed, the penalty under Section 112(b) of the Customs Act was deemed inapplicable. The Tribunal set aside the penalty imposed on the appellant, ruling in favor of the appellant. en-us Mon, 01 Apr 2019 00:00:00 +0530 Fri, 30 Aug 2019 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380100 The Tribunal held that the appellant did not violate the Customs Act by receiving raw material from a 100% EOU firm. Since the goods were not liable for confiscation and all procedures were followed, the penalty under Section 112(b) of the Customs Act was deemed inapplicable. The Tribunal set aside the penalty imposed on the appellant, ruling in favor of the appellant. Case-Laws Customs Mon, 01 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380100