CESTAT Delhi Dismissed Customs Appeals as Penalty Below ₹50 Lakh Threshold

Principal Commissioner of Customs Vs Sh. Deepak Vats (CESTAT Delhi) The case concerns appeals filed by the Revenue before the Tribunal against a common order passed by the Commissioner of Customs (Appeals), relating to imposition of penalties under Sections 112(b) and 114AA of the Customs Act, 1962 in connection with confiscation of gold bars. The penalty amounts involved in each individual appeal were less than ₹50 lakh. The Tribunal examined the maintainability of the appeals in light of the litigation policy issued by the Central Board of Indirect Taxes and Customs (CBIC) under Section 13...