No Penalty for Duty-Free Imports as Section 114A Conditions Not Met: No Fraud or Misstatement Found.

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....Import without Payment of Duty for export - failure to export - Penalty u/s 114A was imposable in case duty had not been levied or had been short-levied, etc., by reason of fraud, collusion or wilful mis-statement or suppression of facts or contravention - no such ingredient in the present case - no penalty - AT....