https://www.taxtmi.com/caselaws?id=126247 The Tribunal set aside the penalties imposed on the appellant, a Chartered Engineer, under Section 114(i) of the Customs Act, 1962. The penalties were based on false valuation certificates provided by the appellant, resulting in exporters receiving ineligible DEPB benefits. The Tribunal held that since there was no confiscation or liability for confiscation of goods under Section 113, the penalties under Section 114 were not applicable. As a result, the penalties imposed on the appellant were overturned, and the appeals were allowed. en-us Fri, 06 Feb 2009 00:00:00 +0530 Sat, 03 Nov 2012 16:43:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126247 The Tribunal set aside the penalties imposed on the appellant, a Chartered Engineer, under Section 114(i) of the Customs Act, 1962. The penalties were based on false valuation certificates provided by the appellant, resulting in exporters receiving ineligible DEPB benefits. The Tribunal held that since there was no confiscation or liability for confiscation of goods under Section 113, the penalties under Section 114 were not applicable. As a result, the penalties imposed on the appellant were overturned, and the appeals were allowed. Case-Laws Customs Fri, 06 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126247