https://www.taxtmi.com/caselaws?id=126270 The Tribunal allowed the appeal, setting aside the penalty imposed under Section 112(b) of the Customs Act, 1962 on the appellant for brokering the sale of an imported car in violation of the Export-Import Policy. The Tribunal found that the appellant, acting solely as a broker, had fulfilled his role by handing over all documents post-import to the purchaser, without further involvement in the import or duty payment for the car. Therefore, the penalty imposition was deemed misconceived, and the appellant was absolved of liability. en-us Wed, 18 Mar 2009 00:00:00 +0530 Mon, 05 Nov 2012 10:57:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126270 The Tribunal allowed the appeal, setting aside the penalty imposed under Section 112(b) of the Customs Act, 1962 on the appellant for brokering the sale of an imported car in violation of the Export-Import Policy. The Tribunal found that the appellant, acting solely as a broker, had fulfilled his role by handing over all documents post-import to the purchaser, without further involvement in the import or duty payment for the car. Therefore, the penalty imposition was deemed misconceived, and the appellant was absolved of liability. Case-Laws Customs Wed, 18 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126270