The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that Penalty u/s114AA of the Customs Act,1962 is not imposable in the absence of false information provided deliberately and intentionally by the assessee. Shri Arun Goyal, Advocate appeared for the Appellant and Shri Divey Sethi appeared for the Department.
Source Taxscan
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