https://www.taxtmi.com/caselaws?id=121414 The Tribunal set aside the penalty imposed on the appellant under Section 112(b) of the Customs Act, 1962 for abetting the sale of a car liable for confiscation. The Tribunal found that the appellant, a broker, had taken reasonable precautions and lacked knowledge of the car's illegal importation. As there was no evidence proving the appellant's awareness of the car's illicit status, the penalty was deemed unjustified. The appeal was allowed in favor of the appellant, overturning the previous decisions upholding the penalty. en-us Mon, 23 Apr 2007 00:00:00 +0530 Mon, 30 Jul 2012 15:16:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121414 The Tribunal set aside the penalty imposed on the appellant under Section 112(b) of the Customs Act, 1962 for abetting the sale of a car liable for confiscation. The Tribunal found that the appellant, a broker, had taken reasonable precautions and lacked knowledge of the car's illegal importation. As there was no evidence proving the appellant's awareness of the car's illicit status, the penalty was deemed unjustified. The appeal was allowed in favor of the appellant, overturning the previous decisions upholding the penalty. Case-Laws Customs Mon, 23 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121414