https://www.taxtmi.com/caselaws?id=217089 The Tribunal set aside the penalty imposed on the Appellant under Section 112 of the Customs Act, 1962, for aiding and abetting in an alleged export of glass-beads of inferior quality at an inflated price. The Tribunal found that since the charge against the exporter was dropped in a related case due to lack of evidence, the basis for penalizing the present Appellant also ceased to exist. Consequently, the penalty against the Appellant was deemed unwarranted, leading to the appeal being allowed. en-us Thu, 02 Aug 2012 00:00:00 +0530 Wed, 03 Oct 2012 09:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217089 The Tribunal set aside the penalty imposed on the Appellant under Section 112 of the Customs Act, 1962, for aiding and abetting in an alleged export of glass-beads of inferior quality at an inflated price. The Tribunal found that since the charge against the exporter was dropped in a related case due to lack of evidence, the basis for penalizing the present Appellant also ceased to exist. Consequently, the penalty against the Appellant was deemed unwarranted, leading to the appeal being allowed. Case-Laws Customs Thu, 02 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217089