https://www.taxtmi.com/caselaws?id=212267 The Tribunal set aside the penalties imposed under Section 112 of the Customs Act, 1962 on M/s. New Amar Goods Carrier, their Chennai office, and Shri Jai Prakash Sharma. The Tribunal found that there was no evidence to suggest that the appellants were aware or had reason to believe that the seized goods were smuggled. The Tribunal emphasized the lack of proof of the appellants' knowledge about the cargo's nature and highlighted the absence of discussion on Shri Jai Prakash Sharma's role. Consequently, the penalties were revoked, and the appeals were allowed with consequential relief to the appellants. en-us Wed, 01 Jun 2011 00:00:00 +0530 Sat, 14 Apr 2012 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212267 The Tribunal set aside the penalties imposed under Section 112 of the Customs Act, 1962 on M/s. New Amar Goods Carrier, their Chennai office, and Shri Jai Prakash Sharma. The Tribunal found that there was no evidence to suggest that the appellants were aware or had reason to believe that the seized goods were smuggled. The Tribunal emphasized the lack of proof of the appellants' knowledge about the cargo's nature and highlighted the absence of discussion on Shri Jai Prakash Sharma's role. Consequently, the penalties were revoked, and the appeals were allowed with consequential relief to the appellants. Case-Laws Customs Wed, 01 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212267