The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside a Rs. 5 lakh penalty imposed under Section 112(b)(i) of the Customs Act on an individual intercepted with 20.75 kg of gold jewellery at Hazrat Nizamuddin Railway Station in 2023. The bench of Justice Dilip Gupta (President) and Hemambika R. Priya…
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