https://www.taxtmi.com/caselaws?id=756972 CESTAT Bangalore denied customs duty exemption benefit to appellant for textile materials under Chapter Headings 5407, 5516, and 5903 imported during April 2011-March 2013. The goods were specifically omitted from exemption notifications, making appellant ineligible for Additional Duty of Customs (SAD) exemption despite proper declaration in Ex-bond Bills of Entry. However, CESTAT held that extended limitation period could not be invoked as there was no willful misstatement or misdeclaration by appellant. Confiscation and penalty under Sections 111(m) and 114A were set aside. Appeal allowed for re-quantification of demand for normal period only. en-us Mon, 12 Aug 2024 00:00:00 +0530 Tue, 13 Aug 2024 07:06:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756972 CESTAT Bangalore denied customs duty exemption benefit to appellant for textile materials under Chapter Headings 5407, 5516, and 5903 imported during April 2011-March 2013. The goods were specifically omitted from exemption notifications, making appellant ineligible for Additional Duty of Customs (SAD) exemption despite proper declaration in Ex-bond Bills of Entry. However, CESTAT held that extended limitation period could not be invoked as there was no willful misstatement or misdeclaration by appellant. Confiscation and penalty under Sections 111(m) and 114A were set aside. Appeal allowed for re-quantification of demand for normal period only. Case-Laws Customs Mon, 12 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756972