https://www.taxtmi.com/caselaws?id=106920 The Tribunal found that the Appellants manipulated shipping bills to gain duty-free benefits, violating conditions under the Advance Licence, leading to confiscation of goods under Section 111(o) of the Customs Act. Penalties were imposed on all Appellants under Section 112(a). The Tribunal reduced penalties based on the duty amount, with Rs. 5 lakhs, Rs. 1 lakh, and Rs. 50,000 imposed on the Appellants. en-us Tue, 03 Dec 2002 00:00:00 +0530 Fri, 16 Mar 2012 13:02:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106920 The Tribunal found that the Appellants manipulated shipping bills to gain duty-free benefits, violating conditions under the Advance Licence, leading to confiscation of goods under Section 111(o) of the Customs Act. Penalties were imposed on all Appellants under Section 112(a). The Tribunal reduced penalties based on the duty amount, with Rs. 5 lakhs, Rs. 1 lakh, and Rs. 50,000 imposed on the Appellants. Case-Laws Customs Tue, 03 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106920