https://www.taxtmi.com/caselaws?id=52350 The court found that the penalty and interest imposed on the appellants under Section 112 of the Customs Act were unjustified as the duty liability had been discharged despite the breach of export obligation. The court referred to a previous case to establish that in similar circumstances, the penalty under Section 112(a) was not applicable. Since the exemption Notification did not provide for confiscation of goods or penalties in case of export obligation breach, the imposition of penalty and interest was deemed unsustainable. The court set aside the impugned order, allowing the appeal of the appellants with any consequential relief permissible under the law. en-us Wed, 08 Oct 2003 00:00:00 +0530 Tue, 05 Oct 2010 13:03:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52350 The court found that the penalty and interest imposed on the appellants under Section 112 of the Customs Act were unjustified as the duty liability had been discharged despite the breach of export obligation. The court referred to a previous case to establish that in similar circumstances, the penalty under Section 112(a) was not applicable. Since the exemption Notification did not provide for confiscation of goods or penalties in case of export obligation breach, the imposition of penalty and interest was deemed unsustainable. The court set aside the impugned order, allowing the appeal of the appellants with any consequential relief permissible under the law. Case-Laws Customs Wed, 08 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52350