https://www.taxtmi.com/caselaws?id=202357 The High Court upheld the Tribunal's decision to overturn a personal penalty of Rs. 5 lakhs imposed under Section 114(iii) of the Customs Act, 1962. The Court emphasized that without evidence linking the respondent to benefiting from the duty drawback scheme, mere assistance in obtaining an IEC code or procuring goods for export was insufficient to impose the penalty. As no substantial question of law was raised, the appeal against the penalty was dismissed. en-us Tue, 12 Aug 2008 00:00:00 +0530 Fri, 18 Mar 2011 23:06:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202357 The High Court upheld the Tribunal's decision to overturn a personal penalty of Rs. 5 lakhs imposed under Section 114(iii) of the Customs Act, 1962. The Court emphasized that without evidence linking the respondent to benefiting from the duty drawback scheme, mere assistance in obtaining an IEC code or procuring goods for export was insufficient to impose the penalty. As no substantial question of law was raised, the appeal against the penalty was dismissed. Case-Laws Customs Tue, 12 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202357