https://www.taxtmi.com/caselaws?id=762592 CESTAT Ahmedabad held that duty demand on appellants was unsustainable where areca nuts were absolutely confiscated by revenue authorities. The tribunal ruled penalty under Section 114A was not applicable as revenue failed to establish paper transactions without actual imports. Additionally, separate penalties on individual partners of appellant firm were set aside, following Gujarat HC precedent that partners cannot be penalized separately when firm is already penalized, as partners lack separate legal entity status. All appeals allowed. en-us Mon, 02 Dec 2024 00:00:00 +0530 Tue, 03 Dec 2024 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762592 CESTAT Ahmedabad held that duty demand on appellants was unsustainable where areca nuts were absolutely confiscated by revenue authorities. The tribunal ruled penalty under Section 114A was not applicable as revenue failed to establish paper transactions without actual imports. Additionally, separate penalties on individual partners of appellant firm were set aside, following Gujarat HC precedent that partners cannot be penalized separately when firm is already penalized, as partners lack separate legal entity status. All appeals allowed. Case-Laws Customs Mon, 02 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762592