https://www.taxtmi.com/caselaws?id=774430 CESTAT Chennai held that penalty u/s 114A of CA 1962 is mandatory when duty is determined u/s 28 due to suppression of facts or wilful mis-declaration. The importer misused Advance Authorisation Scheme, importing raw silk yarn duty-free and diverting to local market. The tribunal found penalty under Section 114A is statutory and automatic with no discretion for assessing officer. Citing SC precedent in Dharmendra Textile Processors, CESTAT modified the order to impose penalty equal to duty determined, allowing revenue's appeal. en-us Tue, 08 Jul 2025 00:00:00 +0530 Wed, 09 Jul 2025 08:50:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774430 CESTAT Chennai held that penalty u/s 114A of CA 1962 is mandatory when duty is determined u/s 28 due to suppression of facts or wilful mis-declaration. The importer misused Advance Authorisation Scheme, importing raw silk yarn duty-free and diverting to local market. The tribunal found penalty under Section 114A is statutory and automatic with no discretion for assessing officer. Citing SC precedent in Dharmendra Textile Processors, CESTAT modified the order to impose penalty equal to duty determined, allowing revenue's appeal. Case-Laws Customs Tue, 08 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774430