Penalty Dispute u/s 112(a) of Customs Act: Appellant Challenges Penalty on Re-exported Goods Cleared Without Contest Previously.

Penalty Dispute u/s 112(a) of Customs Act: Appellant Challenges Penalty on Re-exported Goods Cleared Without Contest Previously. https://www.taxtmi.com/highlights?id=72434 Levy of penalty u/s 112(a) of Customs Act, 1962 - contention of appellant is that earlier similar goods were allowed for clearance has not been contested by Revenue - when the goods are allowed to be re-exported, neither redemption fine nor duty was required to be paid. At the same time, penalty is also not to be imposed on the importers. - AT en-us Mon, 09 Oct 2023 08:41:24 +0530 Mon, 09 Oct 2023 08:41:24 +0530 TaxTMI RSS Generator Penalty Dispute u/s 112(a) of Customs Act: Appellant Challenges Penalty on Re-exported Goods Cleared Without Contest Previously. https://www.taxtmi.com/highlights?id=72434 Levy of penalty u/s 112(a) of Customs Act, 1962 - contention of appellant is that earlier similar goods were allowed for clearance has not been contested by Revenue - when the goods are allowed to be re-exported, neither redemption fine nor duty was required to be paid. At the same time, penalty is also not to be imposed on the importers. - AT Highlights Customs Mon, 09 Oct 2023 08:41:24 +0530 https://www.taxtmi.com/highlights?id=72434