Penalty u/s 112 and 114AA  not Leviable when Assessee had no Knowledge of Prohibited Goods Concealed in Subject Imports of A4 Paper  Reams: CESTAT [Read Order]

By Yogitha S. Yogesh - On July 28, 2023 7:30 am - 2 mins read
Penalty - Leviable when Assessee had no Knowledge of Prohibited - Goods Concealed in Subject Imports of A4 Paper - Reams - CESTAT - TAXSCAN

The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that penalty under sections 112 and 114AA of the Customs Act, 1961 is not leviable when the assessee did not know prohibited goods concealed in subject imports of A4 paper reams. The appellant, Sarvesh Sharma Sales Executive Codognotto Logistics India…

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