Matter remanded to re-look non-imposition of penalty u/s 114

Penanshin Shipping India Pvt. Ltd Vs Commissioner of Customs (CESTAT Chennai) CESTAT Chennai held that adjudicating authority has ordered confiscation of red sander but refrained from confiscation of container u/s 119 and accordingly penalty u/s 114 on the appellant was not imposed. Matter remanded to re-look into the non-imposition of penalty. Facts- The Directorate of Revenue Intelligence, Chennai Zonal Unit received specific intelligence that red sander logs are being smuggled out in the export consignment filed in the name of M/s. Polyhose India (Rubber) Pvt. Ltd. in a 20 feet container in...