https://www.taxtmi.com/caselaws?id=781749 Extended-period customs demand based on alleged suppression was found unsustainable on the facts, so basic customs duty and interest were confined to the normal limitation period. Because that foundation failed, penalties under Sections 114A and 114AA of the Customs Act were also set aside. The Tribunal further found no misdeclaration of the product in dispute, so the statutory basis for redemption fine under Section 111(m) was not made out and the fine was annulled. The operative principle stated is that, absent sustainable suppression or misdeclaration, extended limitation and the related penal and confiscation consequences cannot be invoked. en-us Thu, 13 Nov 2025 00:00:00 +0530 Thu, 20 Nov 2025 08:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781749 Extended-period customs demand based on alleged suppression was found unsustainable on the facts, so basic customs duty and interest were confined to the normal limitation period. Because that foundation failed, penalties under Sections 114A and 114AA of the Customs Act were also set aside. The Tribunal further found no misdeclaration of the product in dispute, so the statutory basis for redemption fine under Section 111(m) was not made out and the fine was annulled. The operative principle stated is that, absent sustainable suppression or misdeclaration, extended limitation and the related penal and confiscation consequences cannot be invoked. Case-Laws Customs Thu, 13 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781749