https://www.taxtmi.com/caselaws?id=242957 The case involved a violation of a let export order during the loading process, resulting in the goods being considered smuggled. Penalties were initially imposed on various parties, including the company and the shipping agent. However, the Tribunal recognized a bonafide mistake in the loading process, leading to the setting aside of penalties on certain individuals. The confiscation of the vessel was deemed unsustainable due to the acknowledged mistake. Penalties were reduced to nominal amounts to ensure procedural compliance and deter future errors. en-us Fri, 09 Mar 2012 00:00:00 +0530 Thu, 06 Feb 2014 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242957 The case involved a violation of a let export order during the loading process, resulting in the goods being considered smuggled. Penalties were initially imposed on various parties, including the company and the shipping agent. However, the Tribunal recognized a bonafide mistake in the loading process, leading to the setting aside of penalties on certain individuals. The confiscation of the vessel was deemed unsustainable due to the acknowledged mistake. Penalties were reduced to nominal amounts to ensure procedural compliance and deter future errors. Case-Laws Customs Fri, 09 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242957