https://www.taxtmi.com/caselaws?id=765729 The Tribunal set aside the enhanced penalty of Rs.2,00,000/- imposed by the Commissioner (Appeals) and restored the original penalty of Rs.15,000/- imposed by the adjudicating authority. The Tribunal found that the appellant had submitted all necessary documents, with only a slight delay for four Bills of Entry, and there was no evidence of deliberate delay or mala fide intent. Citing the precedent in Jai Balaji Industries Ltd., the Tribunal concluded that the original penalty was adequate, as the delay had no adverse revenue implications. The appeal was allowed in favor of the appellant. en-us Mon, 03 Feb 2025 00:00:00 +0530 Sat, 08 Feb 2025 09:12:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765729 The Tribunal set aside the enhanced penalty of Rs.2,00,000/- imposed by the Commissioner (Appeals) and restored the original penalty of Rs.15,000/- imposed by the adjudicating authority. The Tribunal found that the appellant had submitted all necessary documents, with only a slight delay for four Bills of Entry, and there was no evidence of deliberate delay or mala fide intent. Citing the precedent in Jai Balaji Industries Ltd., the Tribunal concluded that the original penalty was adequate, as the delay had no adverse revenue implications. The appeal was allowed in favor of the appellant. Case-Laws Customs Mon, 03 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765729