2013 (12) TMI 1482

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....stoms, Excise and Service Tax Appellate Tribunal, South Zonal Bench, Bangalore, on the following suggested question of law. Whether the Hon'ble CESTAT, Bangalore vide the said impugned order was correct to set aside the penalty imposed on the party. Ignoring the aforesaid suggested question of law, we examine the impugned judgment in the context of the submissions of the learned counsel for the ....

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....alty not exceeding three time the value of the goods as declared by the exporter or the value as determined under this Act, whichever is the greater; (ii)        in the case of dutiable goods, other than prohibited goods, to a penalty not exceeding the duty sought to be evaded or five thousand rupees, whichever is the greater; (iii)    &nbsp....