https://www.taxtmi.com/caselaws?id=88470 The Tribunal held that penalties imposed on the applicants for alleged diversion of goods from Nepal to India, based on discrepancies in Customs Transit Declaration and letter of credit, were unjustified. The Indo-Nepal Treaty of Trade & Transit was invoked to argue against confiscation unless goods reached the Nepal border. The Tribunal emphasized the limited role of Indian Customs in transit goods to Nepal and directed actions under Customs House Agents Regulations instead of imposing penalties. The penalties were set aside, and the Appeals were allowed, with potential actions against the Customs House Agent involved. en-us Mon, 04 Aug 1997 00:00:00 +0530 Mon, 19 Sep 2011 11:46:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88470 The Tribunal held that penalties imposed on the applicants for alleged diversion of goods from Nepal to India, based on discrepancies in Customs Transit Declaration and letter of credit, were unjustified. The Indo-Nepal Treaty of Trade & Transit was invoked to argue against confiscation unless goods reached the Nepal border. The Tribunal emphasized the limited role of Indian Customs in transit goods to Nepal and directed actions under Customs House Agents Regulations instead of imposing penalties. The penalties were set aside, and the Appeals were allowed, with potential actions against the Customs House Agent involved. Case-Laws Customs Mon, 04 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88470