https://www.taxtmi.com/caselaws?id=124256 The Appellate Tribunal CESTAT, Bangalore ruled in favor of the appellant, a non-resident Indian (NRI), in a case concerning the legality of penalties imposed for undervaluation violations. Citing precedent, the judge found that penalties cannot be imposed on entities abroad under the Customs Act, leading to a decision in favor of the appellant due to jurisdictional constraints. The appeal was allowed, and consequential relief was granted to the appellant based on the established legal principle. en-us Mon, 07 Jul 2008 00:00:00 +0530 Tue, 05 Sep 2017 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124256 The Appellate Tribunal CESTAT, Bangalore ruled in favor of the appellant, a non-resident Indian (NRI), in a case concerning the legality of penalties imposed for undervaluation violations. Citing precedent, the judge found that penalties cannot be imposed on entities abroad under the Customs Act, leading to a decision in favor of the appellant due to jurisdictional constraints. The appeal was allowed, and consequential relief was granted to the appellant based on the established legal principle. Case-Laws Customs Mon, 07 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124256