https://www.taxtmi.com/caselaws?id=121190 The Tribunal allowed the appeals, ruling that penalties imposed under Section 112(b) of the Customs Act on the appellant company and its Director were unjustified. The appellant received goods under valid documents without knowledge of the diversion of non-duty paid materials. As the confiscated goods were the only items received and the appellant did not benefit from the diversion, the penalties were deemed unwarranted. en-us Wed, 28 Feb 2007 00:00:00 +0530 Fri, 27 Jul 2012 13:44:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121190 The Tribunal allowed the appeals, ruling that penalties imposed under Section 112(b) of the Customs Act on the appellant company and its Director were unjustified. The appellant received goods under valid documents without knowledge of the diversion of non-duty paid materials. As the confiscated goods were the only items received and the appellant did not benefit from the diversion, the penalties were deemed unwarranted. Case-Laws Central Excise Wed, 28 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121190