2005 (10) TMI 443 - AT - Customs

Summary

The judgment by Appellate Tribunal CESTAT, Chennai involved a penalty of Rs. 30,000 imposed under Section 114 of the Customs Act. The penalty was waived and recovery stayed as the goods in question had already been exported, making them not liable for confiscation under Section 113 of the Act. The applicants successfully argued against the penalty.