https://www.taxtmi.com/caselaws?id=117669 The Tribunal upheld the confiscation of refrigerant gas cylinders due to lack of import license, imposing penalties of Rs. 1 lakh each on the appellants. It ruled that penalties cannot be imposed on both a sole proprietor and the firm simultaneously, setting aside the penalty on the company. However, the proprietor was found to be the mastermind behind the illegal import, leading to the dismissal of his appeal and upholding of the penalty. The judgment underscores the repercussions of importing restricted items without proper licenses, the differentiation in penalties for sole proprietors and firms, and individual liability for key individuals in unlawful activities. en-us Wed, 15 Feb 2006 00:00:00 +0530 Mon, 25 Jun 2012 16:58:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117669 The Tribunal upheld the confiscation of refrigerant gas cylinders due to lack of import license, imposing penalties of Rs. 1 lakh each on the appellants. It ruled that penalties cannot be imposed on both a sole proprietor and the firm simultaneously, setting aside the penalty on the company. However, the proprietor was found to be the mastermind behind the illegal import, leading to the dismissal of his appeal and upholding of the penalty. The judgment underscores the repercussions of importing restricted items without proper licenses, the differentiation in penalties for sole proprietors and firms, and individual liability for key individuals in unlawful activities. Case-Laws Customs Wed, 15 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117669