TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The case involved the scope for retention of penalty u/s 112 of Customs Act, 1962 after liability to confiscation was set aside. Confiscation pertains to goods, while penalty is on persons. Customs Act does not allow separate confiscation for individuals. The show cause notice alleged goods liable for confiscation u/s 111(o). Penalty u/s 112 applies only if a person contributed to the confiscation. Without confiscation, penalty cannot be imposed. Appeal allowed, nothing remains against the two individuals.
TaxTMI 
TaxTMI 
