https://www.taxtmi.com/caselaws?id=751736 CESTAT Mumbai allowed the appeal of public bonded warehouse licensees against suspension of their license. The department had suspended the license claiming bonded goods were stored in non-bonded tanks, seeking confiscation under Sections 111(h) and 111(j) of Customs Act, 1962. CESTAT found that appellants had obtained proper permissions from customs authorities for all warehouse activities including movement of goods between tanks. All operations were conducted under departmental supervision with necessary approvals. Since no statutory provisions were violated and goods were not liable for confiscation, penalties under Sections 112, 114AA, and 117 were also not attracted. The tribunal set aside the impugned order including suspension of warehousing operations. en-us Mon, 22 Apr 2024 00:00:00 +0530 Wed, 24 Apr 2024 06:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751736 CESTAT Mumbai allowed the appeal of public bonded warehouse licensees against suspension of their license. The department had suspended the license claiming bonded goods were stored in non-bonded tanks, seeking confiscation under Sections 111(h) and 111(j) of Customs Act, 1962. CESTAT found that appellants had obtained proper permissions from customs authorities for all warehouse activities including movement of goods between tanks. All operations were conducted under departmental supervision with necessary approvals. Since no statutory provisions were violated and goods were not liable for confiscation, penalties under Sections 112, 114AA, and 117 were also not attracted. The tribunal set aside the impugned order including suspension of warehousing operations. Case-Laws Customs Mon, 22 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751736