https://www.taxtmi.com/caselaws?id=447336 The Tribunal upheld the adjudicating authority's decision, which confirmed duty, imposed a redemption fine, and a penalty under section 112(a) of the Customs Act, 1962, regarding the clearance of high-value 'worn clothing' at their lowest value. The authority had re-determined the assessable value and ordered confiscation with an option to redeem the goods. The appeal by the Revenue, challenging the non-imposition of penalty and non-demanding of interest under section 114A, was dismissed. The Tribunal found no error in the adjudicating authority's order, which adhered to a prior judicial pronouncement. en-us Thu, 07 Dec 2023 00:00:00 +0530 Fri, 22 Dec 2023 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447336 The Tribunal upheld the adjudicating authority's decision, which confirmed duty, imposed a redemption fine, and a penalty under section 112(a) of the Customs Act, 1962, regarding the clearance of high-value 'worn clothing' at their lowest value. The authority had re-determined the assessable value and ordered confiscation with an option to redeem the goods. The appeal by the Revenue, challenging the non-imposition of penalty and non-demanding of interest under section 114A, was dismissed. The Tribunal found no error in the adjudicating authority's order, which adhered to a prior judicial pronouncement. Case-Laws Customs Thu, 07 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447336