https://www.taxtmi.com/caselaws?id=99211 The Supreme Court set aside the confiscation order and penalties imposed under Section 112 of the Act on a company and individuals for aiding and abetting in the importation of goods. The judgment emphasized the need for a reasonable period before invoking clause (o) of Section 111 for confiscation and highlighted the importance of specific conditions being met. The differential treatment of consignments and lack of grounds for penalties resulted in the tribunal overturning the impugned order, ultimately ruling against the confiscation of goods and imposition of penalties. en-us Mon, 20 Sep 1999 00:00:00 +0530 Wed, 25 Jan 2012 16:01:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99211 The Supreme Court set aside the confiscation order and penalties imposed under Section 112 of the Act on a company and individuals for aiding and abetting in the importation of goods. The judgment emphasized the need for a reasonable period before invoking clause (o) of Section 111 for confiscation and highlighted the importance of specific conditions being met. The differential treatment of consignments and lack of grounds for penalties resulted in the tribunal overturning the impugned order, ultimately ruling against the confiscation of goods and imposition of penalties. Case-Laws Customs Mon, 20 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99211