https://www.taxtmi.com/caselaws?id=462911 The CESTAT Kolkata held that the penalty of Rs. 5,94,096 imposed under Section 114 of the Customs Act, 1962, on the appellant was not sustainable as the export consignment was not liable for confiscation under Section 113. The appellant was not involved in mis-declaration or overvaluation of exports; the allegations pertained solely to importers. The Revenue failed to produce evidence against the appellant to justify the penalty. Consequently, the penalty under Section 114 was set aside and the appeal was allowed. en-us Tue, 10 Jun 2025 00:00:00 +0530 Thu, 24 Jul 2025 18:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462911 The CESTAT Kolkata held that the penalty of Rs. 5,94,096 imposed under Section 114 of the Customs Act, 1962, on the appellant was not sustainable as the export consignment was not liable for confiscation under Section 113. The appellant was not involved in mis-declaration or overvaluation of exports; the allegations pertained solely to importers. The Revenue failed to produce evidence against the appellant to justify the penalty. Consequently, the penalty under Section 114 was set aside and the appeal was allowed. Case-Laws Customs Tue, 10 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462911