https://www.taxtmi.com/caselaws?id=118388 The Appellate Tribunal CESTAT, New Delhi upheld the confiscation of the Jaguar car and penalties imposed on Shri Mohammed Ibrahim Kanyana for undervaluation and violation of the Customs Act. However, the penalty on Shri Debdeep Sinha was set aside as his post-customs clearance actions did not contravene the Customs Act. The Tribunal found discrepancies in Kanyana's income and confirmed the orchestrated nature of the import operation. The Revenue's arguments on the illegal import were accepted, resulting in the dismissal of Kanyana's claims. Both appeals were disposed of accordingly by the Tribunal. en-us Fri, 31 Mar 2006 00:00:00 +0530 Sat, 30 Jun 2012 13:20:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118388 The Appellate Tribunal CESTAT, New Delhi upheld the confiscation of the Jaguar car and penalties imposed on Shri Mohammed Ibrahim Kanyana for undervaluation and violation of the Customs Act. However, the penalty on Shri Debdeep Sinha was set aside as his post-customs clearance actions did not contravene the Customs Act. The Tribunal found discrepancies in Kanyana's income and confirmed the orchestrated nature of the import operation. The Revenue's arguments on the illegal import were accepted, resulting in the dismissal of Kanyana's claims. Both appeals were disposed of accordingly by the Tribunal. Case-Laws Customs Fri, 31 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118388