https://www.taxtmi.com/caselaws?id=437119 The Tribunal ruled in favor of the appellants, setting aside the penalties imposed under Section 41 of the Customs Act, 1962. It held that the appellants complied with the statutory provision by filing the EGM within the prescribed time and subsequently supplementing it, as allowed by law. The judgment emphasized that the acceptance of the supplementary EGM by the proper officer indicated compliance with the law, rejecting the Revenue's argument regarding the filing date. en-us Thu, 13 Apr 2023 00:00:00 +0530 Thu, 27 Apr 2023 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437119 The Tribunal ruled in favor of the appellants, setting aside the penalties imposed under Section 41 of the Customs Act, 1962. It held that the appellants complied with the statutory provision by filing the EGM within the prescribed time and subsequently supplementing it, as allowed by law. The judgment emphasized that the acceptance of the supplementary EGM by the proper officer indicated compliance with the law, rejecting the Revenue's argument regarding the filing date. Case-Laws Customs Thu, 13 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437119