https://www.taxtmi.com/caselaws?id=86484 The Tribunal found that the appellant, an employee of a CHA, acted within his authority and in good faith when filing a Customs Transit Declaration (CTD) for a consignment of bearings, despite presenting a fake Letter of Credit (L.C.). The Tribunal concluded that there was no justification for imposing a penalty of Rs. 50,000 on the appellant, allowing the appeal and ordering the refund of the pre-deposit made. en-us Wed, 28 Aug 1996 00:00:00 +0530 Thu, 25 Aug 2011 11:35:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86484 The Tribunal found that the appellant, an employee of a CHA, acted within his authority and in good faith when filing a Customs Transit Declaration (CTD) for a consignment of bearings, despite presenting a fake Letter of Credit (L.C.). The Tribunal concluded that there was no justification for imposing a penalty of Rs. 50,000 on the appellant, allowing the appeal and ordering the refund of the pre-deposit made. Case-Laws Customs Wed, 28 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86484