CESTAT quashes Customs Penalty on Hindustan Inox Directors u/s 112(a) [Read Order]

The Tribunal also found that another penalty imposed under Section 114AA was without sufficient evidence.
By Manu Sharma - On September 4, 2024 2:35 pm - 2 mins read
CESTAT ruling - Customs penalty - Penalty quashed - Customs Act - Taxscan

In a significant relief to Hindustan Inox Limited and its directors, the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has quashed the penalties imposed under Section 112(a) of the Customs Act, 1962. The penalties were initially imposed on the directors of the company by the Commissioner of Customs. The issue revolved around the import…

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