No Retrospective Effect to S.114AA of Customs Act: CESTAT Sets Aside Penalty [Read Order]

The CESTAT reduced the penalty under section 112(a) considering the lowered differential duty but upheld the redemption fine
By Sneha Sukumaran Mullakkal - On May 22, 2025 8:17 am - 2 mins read
Customs Act - CESTAT Sets Aside Penalty - S.114AA of Customs Act - taxscan

The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal(CESTAT)  set aside the penalty imposed under section 114AA of the Customs Act,1962 on the ground that the provision had no retrospective effect, as it was introduced after the Bill of Entry was filed in 2003. Indusind Media and Communications Limited, appellant-assessee, filed a Bill…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader