https://www.taxtmi.com/caselaws?id=464217 CESTAT held that seizure and confiscation proceedings for illegal import of an ozone-depleting substance involved a syndicate; statements recorded on 09-10.12.2014 were not shown to be voluntary and retractions required consideration. Penalties under s.112(a)(i) and s.114AA for Appellant 1 were upheld but reduced to 25% of the impugned amount. Consolidated penalty for Appellant 2 under s.112(a)(i) and s.114AA was likewise upheld and reduced to 25%, while a separately imposed s.114AA penalty was set aside. Penalties under s.112(a)(i) for Appellants 3 and 4 were set aside. Appeal allowed in part. en-us Mon, 03 Jun 2024 00:00:00 +0530 Fri, 10 Oct 2025 15:54:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464217 CESTAT held that seizure and confiscation proceedings for illegal import of an ozone-depleting substance involved a syndicate; statements recorded on 09-10.12.2014 were not shown to be voluntary and retractions required consideration. Penalties under s.112(a)(i) and s.114AA for Appellant 1 were upheld but reduced to 25% of the impugned amount. Consolidated penalty for Appellant 2 under s.112(a)(i) and s.114AA was likewise upheld and reduced to 25%, while a separately imposed s.114AA penalty was set aside. Penalties under s.112(a)(i) for Appellants 3 and 4 were set aside. Appeal allowed in part. Case-Laws Customs Mon, 03 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464217