https://www.taxtmi.com/caselaws?id=153668 The Appellate Tribunal CESTAT AHMEDABAD allowed the appeals filed by Shri Kamal Adnani and Shri Pankaj Lakhani, setting aside the penalties imposed on them under Section 112(b) of the Customs Act, 1962. The Tribunal found a lack of concrete evidence linking the appellants to the diversion of imported goods by M/s. Deep Enterprises in the domestic market. It was determined that the contraventions primarily lay with the company, not the individuals, leading to the conclusion that the penalties imposed on the appellants were unjustified. en-us Tue, 04 Aug 2009 00:00:00 +0530 Fri, 26 Jul 2013 16:29:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153668 The Appellate Tribunal CESTAT AHMEDABAD allowed the appeals filed by Shri Kamal Adnani and Shri Pankaj Lakhani, setting aside the penalties imposed on them under Section 112(b) of the Customs Act, 1962. The Tribunal found a lack of concrete evidence linking the appellants to the diversion of imported goods by M/s. Deep Enterprises in the domestic market. It was determined that the contraventions primarily lay with the company, not the individuals, leading to the conclusion that the penalties imposed on the appellants were unjustified. Case-Laws Customs Tue, 04 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153668