No Penalty under Customs Act When Goods Transshipped from Aircrafts and Vessels traversed after fastening Duty: CESTAT

The CESTAT has ruled that no penalty will be levied under the Customs Act when goods are transshipped from aircrafts or vessels that have traversed after duty payment. This judgment clarifies that goods transshipped in this manner will not attract penalty provisions, as long as duty has been paid properly before transshipment. The ruling is important for businesses involved in international trade, as it ensures that they will not face unnecessary penalties due to the movement of goods through customs checkpoints. It provides clarity on how goods transshipment should be handled under customs regulations, offering a more predictable framework for exporters and importers.