https://www.taxtmi.com/caselaws?id=52627 The Tribunal set aside the Commissioner's order imposing a penalty on the appellants under Section 112(a) of the Customs Act for allegedly violating conditions of Exemption Notification 3/89-Cus. The Tribunal found that since no duty demand was confirmed and the alleged violation of the Notification's conditions was not proven, the penalty imposition was unjustified. The Tribunal ruled that the Notification did not prohibit commercial use, only loaning or hire for reward, and as there was no penalty clause in the Notification, the appellants' appeal was allowed. en-us Tue, 11 Nov 2003 00:00:00 +0530 Wed, 06 Oct 2010 18:50:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52627 The Tribunal set aside the Commissioner's order imposing a penalty on the appellants under Section 112(a) of the Customs Act for allegedly violating conditions of Exemption Notification 3/89-Cus. The Tribunal found that since no duty demand was confirmed and the alleged violation of the Notification's conditions was not proven, the penalty imposition was unjustified. The Tribunal ruled that the Notification did not prohibit commercial use, only loaning or hire for reward, and as there was no penalty clause in the Notification, the appellants' appeal was allowed. Case-Laws Customs Tue, 11 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52627