https://www.taxtmi.com/caselaws?id=114230 The Appellate Tribunal CESTAT, Mumbai, set aside the imposition of personal penalties of Rs. 50,000 each on two individuals under Sections 112(a) and (b) of the Customs Act, 1962. The Tribunal ruled that the penalties were unlawful as there was no specific proposal in the show cause notice targeting the individuals for the penalties, which were instead directed at the companies they were associated with. Emphasizing the personal nature of penalties under Section 112, the Tribunal granted consequential relief to the appellants and highlighted the necessity of strict adherence to procedural requirements when imposing personal penalties under the Customs Act, 1962. en-us Fri, 05 Dec 2003 00:00:00 +0530 Sat, 12 May 2012 13:38:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114230 The Appellate Tribunal CESTAT, Mumbai, set aside the imposition of personal penalties of Rs. 50,000 each on two individuals under Sections 112(a) and (b) of the Customs Act, 1962. The Tribunal ruled that the penalties were unlawful as there was no specific proposal in the show cause notice targeting the individuals for the penalties, which were instead directed at the companies they were associated with. Emphasizing the personal nature of penalties under Section 112, the Tribunal granted consequential relief to the appellants and highlighted the necessity of strict adherence to procedural requirements when imposing personal penalties under the Customs Act, 1962. Case-Laws Customs Fri, 05 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114230