https://www.taxtmi.com/caselaws?id=760755 The CESTAT Kolkata ruled that the composite penalties imposed under various provisions of the Customs Act, 1962, on the appellant, a car dealer, were unsustainable. The Tribunal found that penalties under Section 114AA, intended for fraudulent exporters, were incorrectly applied to the importer. Consequently, the composite penalties were set aside, and the appeals were allowed. en-us Mon, 21 Oct 2024 00:00:00 +0530 Fri, 25 Oct 2024 10:45:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760755 The CESTAT Kolkata ruled that the composite penalties imposed under various provisions of the Customs Act, 1962, on the appellant, a car dealer, were unsustainable. The Tribunal found that penalties under Section 114AA, intended for fraudulent exporters, were incorrectly applied to the importer. Consequently, the composite penalties were set aside, and the appeals were allowed. Case-Laws Customs Mon, 21 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760755