Penalty Deleted as LEO Signed Before Export: CESTAT Kolkata

Samudera Shipping Line (India) Pvt. Ltd. Vs Commissioner of Customs (Port) (CESTAT Kolkata) LEO would have signed by customs before export: CESTAT deleted penalty u/s 114 Appellant is acting as a steamer agent carrying out import and export activities on behalf of various clients. It was the case of the department that appellant had not followed proper procedures and had exported goods for which the Let Export Order (LEO) (final step required to export goods out of India) had been cancelled. A penalty of Rs. 2,00,000/- u/s 114 of the Customs Act was imposed. Appeal preferred by the assessee wa...