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2016 (10) TMI 128 - AT - CustomsQuantification of penalty imposed under Section 114A of Customs Act, 1962 - whether penalty imposed should be equal to the duty determined plus interest so determined? - Held that: - The Commissioner was not in a position to determine the interest amount at the time of passing the impugned order. Therefore, his imposing penalties equal to the duty determined is in order. - the decision in the case of Bharathi Airtel Ltd. & Others Vs. C.C., Bangalore [2012 (7) TMI 233 - CESTAT, BANGALORE] relied upon - penalty under Section 114A should be equal to the duty or the interest so determined - appeal rejected - decided against Revenue.
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