https://www.taxtmi.com/caselaws?id=120827 Penalty for aiding and abetting a fraudulent export under the Customs Act was found unsustainable because the employee of a CHA had only obtained export documents and there was no material showing knowledge of the fraud or conscious association with the attempt to export overvalued goods liable to confiscation. Mere casual acceptance of documents or lack of due diligence in verifying the exporter's antecedents was held insufficient to establish the culpable mental element required for penalty under Section 114(iii). The penalty was therefore set aside. en-us Wed, 14 Feb 2007 00:00:00 +0530 Tue, 24 Jul 2012 16:59:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120827 Penalty for aiding and abetting a fraudulent export under the Customs Act was found unsustainable because the employee of a CHA had only obtained export documents and there was no material showing knowledge of the fraud or conscious association with the attempt to export overvalued goods liable to confiscation. Mere casual acceptance of documents or lack of due diligence in verifying the exporter's antecedents was held insufficient to establish the culpable mental element required for penalty under Section 114(iii). The penalty was therefore set aside. Case-Laws Customs Wed, 14 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120827