https://www.taxtmi.com/caselaws?id=464640 CESTAT ALLAHABAD dismisses Revenue's appeal and affirms the adjudicating order holding that penalty under s.114A Customs Act need not be imposed on interest in addition to duty. Relying on the HC interpretation that the statute contemplates "or" (duty or interest) rather than both, and on Tribunal precedent, the bench finds no infirmity in allowing the preferential duty benefit and denies imposition of penalty on interest. Appeal by Revenue is dismissed. en-us Wed, 12 Mar 2025 00:00:00 +0530 Fri, 07 Nov 2025 10:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464640 CESTAT ALLAHABAD dismisses Revenue's appeal and affirms the adjudicating order holding that penalty under s.114A Customs Act need not be imposed on interest in addition to duty. Relying on the HC interpretation that the statute contemplates "or" (duty or interest) rather than both, and on Tribunal precedent, the bench finds no infirmity in allowing the preferential duty benefit and denies imposition of penalty on interest. Appeal by Revenue is dismissed. Case-Laws Customs Wed, 12 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464640