Failure to Show Collusion for Exporting Red Sanders Wood SCN: CESTAT Reduces Penalty u/s 114(1) of Customs Act [Read Order]

Failure - Show- Collusion - Red- Sanders -Wood- SCN-CESTAT - Penalty - Customs -Act - TAXSCAN

The Kolkata bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) held that the show cause notice (SCN) issued by the Commissioner failed to show collusion for the export and reduced the penalty imposed under Section 114(1) of the Customs Act, 1962, to Rs. 50,000/-. The National Agency (the Appellants) was caught importing Red…

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