https://www.taxtmi.com/caselaws?id=410185 The appeal in the case was partly allowed. The penalty under Section 114AA of the Customs Act, 1962, was set aside, while other conclusions, such as the denial of exemptions and imposition of penalties and interest, were upheld. The goods were considered re-imported into India, not merely shifted from Delhi to Bangalore, leading to the denial of benefits under specific notifications. The goods were not classified as 'parts of aircraft' for exemption purposes, and the demand was deemed valid despite the assessment in the Bills of Entry not being challenged. Penalties under Sections 112 and 114A were upheld due to mis-declarations by the appellants. en-us Mon, 26 Jul 2021 00:00:00 +0530 Mon, 21 Feb 2022 16:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410185 The appeal in the case was partly allowed. The penalty under Section 114AA of the Customs Act, 1962, was set aside, while other conclusions, such as the denial of exemptions and imposition of penalties and interest, were upheld. The goods were considered re-imported into India, not merely shifted from Delhi to Bangalore, leading to the denial of benefits under specific notifications. The goods were not classified as 'parts of aircraft' for exemption purposes, and the demand was deemed valid despite the assessment in the Bills of Entry not being challenged. Penalties under Sections 112 and 114A were upheld due to mis-declarations by the appellants. Case-Laws Customs Mon, 26 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410185