https://www.taxtmi.com/caselaws?id=429409 The appeal against the High Court of Calcutta's judgment on a customs case involving a penalty under Section 114(iii) of the Customs Act was dismissed by the Division Bench. The court found that the Revenue failed to establish the applicability of Section 114(i) or 114(iii) and that the respondent did not claim any drawback benefit. As a result, the appeal was dismissed, affirming the lower court's decisions and emphasizing the importance of correctly applying relevant legal provisions and substantiating claims for penalties under the law. en-us Thu, 01 Sep 2022 00:00:00 +0530 Mon, 06 Feb 2023 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429409 The appeal against the High Court of Calcutta's judgment on a customs case involving a penalty under Section 114(iii) of the Customs Act was dismissed by the Division Bench. The court found that the Revenue failed to establish the applicability of Section 114(i) or 114(iii) and that the respondent did not claim any drawback benefit. As a result, the appeal was dismissed, affirming the lower court's decisions and emphasizing the importance of correctly applying relevant legal provisions and substantiating claims for penalties under the law. Case-Laws Customs Thu, 01 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429409