https://www.taxtmi.com/caselaws?id=752023 Delay in producing documents for finalisation of provisional Bills of Entry was not treated as warranting enhancement to the maximum penalty where the delay was attributable to difficulty in obtaining papers from the overseas exporter, no deliberate delay or mala fide conduct was shown, and the provisional assessments had already been finalised without revenue prejudice. In these circumstances, the Tribunal followed the view that only a nominal consolidated penalty was appropriate and set aside the enhanced penalty, restoring the original nominal amount. en-us Thu, 25 Apr 2024 00:00:00 +0530 Wed, 01 May 2024 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752023 Delay in producing documents for finalisation of provisional Bills of Entry was not treated as warranting enhancement to the maximum penalty where the delay was attributable to difficulty in obtaining papers from the overseas exporter, no deliberate delay or mala fide conduct was shown, and the provisional assessments had already been finalised without revenue prejudice. In these circumstances, the Tribunal followed the view that only a nominal consolidated penalty was appropriate and set aside the enhanced penalty, restoring the original nominal amount. Case-Laws Customs Thu, 25 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752023