https://www.taxtmi.com/caselaws?id=125452 The Appellate Tribunal CESTAT, Mumbai, set aside the penalty imposed on a Full Fledged Money Changer for alleged indirect abetment in illegal foreign exchange export through Travellers Cheques. The Tribunal found insufficient evidence linking the appellants to the unauthorized export, emphasizing the lack of direct involvement or knowledge. Consequently, the penalty was overturned, highlighting the necessity of clear evidence establishing culpability in illegal activities to justify penalties. en-us Wed, 22 Oct 2008 00:00:00 +0530 Thu, 28 Jun 2018 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125452 The Appellate Tribunal CESTAT, Mumbai, set aside the penalty imposed on a Full Fledged Money Changer for alleged indirect abetment in illegal foreign exchange export through Travellers Cheques. The Tribunal found insufficient evidence linking the appellants to the unauthorized export, emphasizing the lack of direct involvement or knowledge. Consequently, the penalty was overturned, highlighting the necessity of clear evidence establishing culpability in illegal activities to justify penalties. Case-Laws Customs Wed, 22 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125452