https://www.taxtmi.com/highlights?id=88572 CESTAT partially allowed the appeal, reducing penalty under section 112(a) from Rs. 10,00,000/- to Rs. 5,00,000/- and setting aside penalty under section 114AA. The redemption fine of Rs. 10,00,000/- remained unchanged. The tribunal found section 114AA inapplicable due to non-retrospective effect, as the original documents were filed before the section's introduction in 2006. The core findings affirmed the original order's substantive elements while providing partial relief to the appellant through reduced penalties. en-us Wed, 21 May 2025 08:29:07 +0530 Wed, 21 May 2025 08:29:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88572 CESTAT partially allowed the appeal, reducing penalty under section 112(a) from Rs. 10,00,000/- to Rs. 5,00,000/- and setting aside penalty under section 114AA. The redemption fine of Rs. 10,00,000/- remained unchanged. The tribunal found section 114AA inapplicable due to non-retrospective effect, as the original documents were filed before the section's introduction in 2006. The core findings affirmed the original order's substantive elements while providing partial relief to the appellant through reduced penalties. Highlights Customs Wed, 21 May 2025 08:29:07 +0530 https://www.taxtmi.com/highlights?id=88572