https://www.taxtmi.com/caselaws?id=390713 The court allowed the writ petition, ruling in favor of the petitioner. It held that the petitioner is absolved from further liabilities after the levy and deposit of penalties for the import of the vessel in 2012. The court emphasized that penalties do not discharge the importer from the obligation to file a bill of entry. Additionally, it determined that the customs authorities cannot assess the vessel based on the law prevalent in 2018, as the vessel was imported in 2012 when duties were 'nil'. The court maintained the interim order putting further proceedings on hold. en-us Wed, 27 Nov 2019 00:00:00 +0530 Sat, 07 Nov 2020 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390713 The court allowed the writ petition, ruling in favor of the petitioner. It held that the petitioner is absolved from further liabilities after the levy and deposit of penalties for the import of the vessel in 2012. The court emphasized that penalties do not discharge the importer from the obligation to file a bill of entry. Additionally, it determined that the customs authorities cannot assess the vessel based on the law prevalent in 2018, as the vessel was imported in 2012 when duties were 'nil'. The court maintained the interim order putting further proceedings on hold. Case-Laws Customs Wed, 27 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390713