https://www.taxtmi.com/caselaws?id=107333 The Tribunal set aside the penalty and license cancellation imposed on M/s. Parson Brothers for the cancellation of their private bonded warehouse license under the Customs Act, 1962. While penalties were upheld for individuals involved in diversion of goods, the Tribunal emphasized the need for proper supervision and compliance to prevent duty evasion and diversion of goods in bonded warehouses. en-us Wed, 25 Sep 2002 00:00:00 +0530 Wed, 21 Mar 2012 16:32:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107333 The Tribunal set aside the penalty and license cancellation imposed on M/s. Parson Brothers for the cancellation of their private bonded warehouse license under the Customs Act, 1962. While penalties were upheld for individuals involved in diversion of goods, the Tribunal emphasized the need for proper supervision and compliance to prevent duty evasion and diversion of goods in bonded warehouses. Case-Laws Customs Wed, 25 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107333