STPI Units Cleared of Wrongdoing in Duty-Free Goods Procurement; No Penal Action Justified, Penalties Overturned.

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....STPI units - Unauthorised procurement of inputs - The procurement of the goods free of duty, were on the basis of the said certificates issued by the authorities and does not reflect upon mala fide or the assessee so as to invoke any penal action against them - Penalties set aside.....