https://www.taxtmi.com/caselaws?id=243175 The Tribunal set aside the penalties imposed on the appellant for involvement in the use of forged DEPB licenses for import transactions, highlighting the conflicting views of Division Benches on penalty waivers for co-noticees based on Settlement Commission orders. The matter was referred to the Hon'ble President for consideration of constituting a Larger Bench to resolve the issue, emphasizing the importance of ensuring consistency and adherence to legal principles in penalty imposition cases involving multiple parties in customs transactions. en-us Tue, 26 Mar 2013 00:00:00 +0530 Mon, 27 Jan 2014 21:42:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243175 The Tribunal set aside the penalties imposed on the appellant for involvement in the use of forged DEPB licenses for import transactions, highlighting the conflicting views of Division Benches on penalty waivers for co-noticees based on Settlement Commission orders. The matter was referred to the Hon'ble President for consideration of constituting a Larger Bench to resolve the issue, emphasizing the importance of ensuring consistency and adherence to legal principles in penalty imposition cases involving multiple parties in customs transactions. Case-Laws Customs Tue, 26 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243175