https://www.taxtmi.com/caselaws?id=450580 The Tribunal set aside the impugned order, allowing the appeal filed by the Appellant. It emphasized that the demand for Customs duty was unsustainable due to insufficient evidence of actual import, as it was based solely on money transfer evidence. Consequently, penalties under Sections 114A and 112(b)(ii) of the Customs Act, 1962, were also set aside, as they were contingent on the invalid Customs duty demand. The judgment was pronounced on 05.03.2024. en-us Tue, 05 Mar 2024 00:00:00 +0530 Fri, 08 Mar 2024 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450580 The Tribunal set aside the impugned order, allowing the appeal filed by the Appellant. It emphasized that the demand for Customs duty was unsustainable due to insufficient evidence of actual import, as it was based solely on money transfer evidence. Consequently, penalties under Sections 114A and 112(b)(ii) of the Customs Act, 1962, were also set aside, as they were contingent on the invalid Customs duty demand. The judgment was pronounced on 05.03.2024. Case-Laws Customs Tue, 05 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450580