Appellant liable for interest on delayed SAD, penalties set aside.

The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) determined that the appellant-importer is responsible for paying interest on the delayed payment of Special Additional Duty (SAD) under Section 28AB of the Customs Act, 1962. However, penalties under Sections 114A and 114AA against the appellant-importer, and under Section 112(a)(ii) against the Customs House Agent (CHA), were dismissed due to unmet conditions. Confiscation of goods was denied as they were cleared with proper authorization. Proceedings against company officials were dropped, and the interest already paid by the appellant-importer will be applied to their interest liability. Appeals were resolved accordingly. .....

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