https://www.taxtmi.com/caselaws?id=782600 CESTAT Chennai partly allowed the appeal of a 100% EOU against penalty under Section 112(a) of the Customs Act for importing rough granite blocks without filing Bills of Entry under Section 46. The Tribunal held that restricted goods under the EXIM/Foreign Trade Policy qualify as "prohibited goods" for purposes of Section 111(d) once attached conditions are not complied with, affirming the legal basis for confiscation and penalty. However, noting absence of mala fides and that the goods were abandoned, it found the penalty of Rs. 4,00,000 disproportionate and reduced it to Rs. 1,00,000, maintaining liability but granting partial relief. en-us Fri, 28 Nov 2025 00:00:00 +0530 Tue, 02 Dec 2025 08:35:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782600 CESTAT Chennai partly allowed the appeal of a 100% EOU against penalty under Section 112(a) of the Customs Act for importing rough granite blocks without filing Bills of Entry under Section 46. The Tribunal held that restricted goods under the EXIM/Foreign Trade Policy qualify as "prohibited goods" for purposes of Section 111(d) once attached conditions are not complied with, affirming the legal basis for confiscation and penalty. However, noting absence of mala fides and that the goods were abandoned, it found the penalty of Rs. 4,00,000 disproportionate and reduced it to Rs. 1,00,000, maintaining liability but granting partial relief. Case-Laws Customs Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782600