https://www.taxtmi.com/caselaws?id=772159 The HC examined a customs duty case involving imported rubber tracks claimed under a concessional notification. The court found the appellant's claim incorrect but bona fide, upheld the Section 114A penalty, set aside additional penalties under Sections 112(ii) and 114AA, and reduced the redemption fine from Rs.6 lakhs to Rs.5 lakhs. The penalty on the company's manager was also set aside due to lack of personal involvement evidence. en-us Wed, 28 May 2025 00:00:00 +0530 Thu, 05 Jun 2025 08:25:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772159 The HC examined a customs duty case involving imported rubber tracks claimed under a concessional notification. The court found the appellant's claim incorrect but bona fide, upheld the Section 114A penalty, set aside additional penalties under Sections 112(ii) and 114AA, and reduced the redemption fine from Rs.6 lakhs to Rs.5 lakhs. The penalty on the company's manager was also set aside due to lack of personal involvement evidence. Case-Laws Customs Wed, 28 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772159