https://www.taxtmi.com/caselaws?id=752023 The Tribunal set aside the order of the Ld. Commissioner(Appeals) and allowed the Appeal, determining that the penalty imposed on the Appellant was excessive given the circumstances. The Tribunal found no evidence of deliberate delay by the Appellant and referenced a precedent where a nominal penalty was applied in similar cases without revenue implications. Consequently, the Tribunal dismissed the Department's appeal for a higher penalty, affirming the reasonableness of the original penalty of Rs.20,000/- for the 12 Bills of Entry. 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 The Tribunal set aside the order of the Ld. Commissioner(Appeals) and allowed the Appeal, determining that the penalty imposed on the Appellant was excessive given the circumstances. The Tribunal found no evidence of deliberate delay by the Appellant and referenced a precedent where a nominal penalty was applied in similar cases without revenue implications. Consequently, the Tribunal dismissed the Department's appeal for a higher penalty, affirming the reasonableness of the original penalty of Rs.20,000/- for the 12 Bills of Entry. Case-Laws Customs Thu, 25 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752023