https://www.taxtmi.com/caselaws?id=114984 Liability for penalty arose from abetting an attempted export of foreign currency and travellers cheques by assisting customs clearance without proper authorisation and by facilitating concealment in export cargo. The facts, as noted, showed knowledge of the attempted export and participation in completing the formalities, bringing the conduct within the confiscation and penalty provisions applied by the adjudicating authority. The penalty amount was also described as modest compared with the value of the seized currency and travellers cheques, and the penalty was upheld. en-us Tue, 06 Jul 2004 00:00:00 +0530 Tue, 22 May 2012 17:35:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114984 Liability for penalty arose from abetting an attempted export of foreign currency and travellers cheques by assisting customs clearance without proper authorisation and by facilitating concealment in export cargo. The facts, as noted, showed knowledge of the attempted export and participation in completing the formalities, bringing the conduct within the confiscation and penalty provisions applied by the adjudicating authority. The penalty amount was also described as modest compared with the value of the seized currency and travellers cheques, and the penalty was upheld. Case-Laws Customs Tue, 06 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114984