https://www.taxtmi.com/caselaws?id=234764 The court overturned the Tribunal's decision to impose a penalty under section 114(i) of the Customs Act on the clearing house agent. The judgment emphasized the agent's lack of knowledge about the nature of the exported goods, particularly the prohibited Non-Basmati rice. It criticized the presumption-based approach taken by the authorities and highlighted inconsistencies in treating similar cases differently. Ultimately, the court ruled in favor of the appellant, setting aside the penalty and ordering each party to bear their own costs. en-us Mon, 03 Sep 2012 00:00:00 +0530 Sat, 03 Aug 2013 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234764 The court overturned the Tribunal's decision to impose a penalty under section 114(i) of the Customs Act on the clearing house agent. The judgment emphasized the agent's lack of knowledge about the nature of the exported goods, particularly the prohibited Non-Basmati rice. It criticized the presumption-based approach taken by the authorities and highlighted inconsistencies in treating similar cases differently. Ultimately, the court ruled in favor of the appellant, setting aside the penalty and ordering each party to bear their own costs. Case-Laws Customs Mon, 03 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234764