https://www.taxtmi.com/caselaws?id=50938 Abandonment of imported goods and relinquishment of title, without exercise of the redemption option, was treated as sufficient to negate penalty under Section 112(a) of the Customs Act, 1962. The Tribunal followed its earlier coordinate Bench ruling and applied judicial discipline, noting that no contrary authority was shown and that the goods had been abandoned before the show cause notice, with the Commissioner recording that fact. On those facts, the penalty was held unsustainable and consequential relief followed. en-us Fri, 10 Aug 2001 00:00:00 +0530 Mon, 20 Sep 2010 16:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50938 Abandonment of imported goods and relinquishment of title, without exercise of the redemption option, was treated as sufficient to negate penalty under Section 112(a) of the Customs Act, 1962. The Tribunal followed its earlier coordinate Bench ruling and applied judicial discipline, noting that no contrary authority was shown and that the goods had been abandoned before the show cause notice, with the Commissioner recording that fact. On those facts, the penalty was held unsustainable and consequential relief followed. Case-Laws Customs Fri, 10 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50938