https://www.taxtmi.com/caselaws?id=311741 The court reinstated the original penalty of Rs. 20,000 imposed by the Adjudicating Authority for the delay in document submission related to the provisional assessment of imported goods. The Commissioner (Appeals) had previously enhanced the penalty to Rs. 2,00,000, but this was set aside. The court found no deliberate delay or revenue impact, emphasizing that penalties should not apply to procedural lapses without revenue implications. The appeal was resolved in favor of the appellant, maintaining the nominal penalty initially assessed. en-us Wed, 09 Feb 2022 00:00:00 +0530 Thu, 11 Jan 2024 09:26:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311741 The court reinstated the original penalty of Rs. 20,000 imposed by the Adjudicating Authority for the delay in document submission related to the provisional assessment of imported goods. The Commissioner (Appeals) had previously enhanced the penalty to Rs. 2,00,000, but this was set aside. The court found no deliberate delay or revenue impact, emphasizing that penalties should not apply to procedural lapses without revenue implications. The appeal was resolved in favor of the appellant, maintaining the nominal penalty initially assessed. Case-Laws Customs Wed, 09 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311741