https://www.taxtmi.com/caselaws?id=247861 The Tribunal overturned penalties imposed on M/s. Unison Clearing Pvt. Ltd. under Section 112 of the Customs Act due to lack of direct evidence implicating the firm in aiding or abetting fraudulent import activities. Despite employee involvement in fraudulent actions, the firm was not directly linked to the illegal activities, leading to the penalties being set aside. The judgment emphasizes the importance of establishing a direct connection between a company and fraudulent activities to justify penalties under the Customs Act. en-us Fri, 28 Mar 2014 00:00:00 +0530 Mon, 24 Nov 2014 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247861 The Tribunal overturned penalties imposed on M/s. Unison Clearing Pvt. Ltd. under Section 112 of the Customs Act due to lack of direct evidence implicating the firm in aiding or abetting fraudulent import activities. Despite employee involvement in fraudulent actions, the firm was not directly linked to the illegal activities, leading to the penalties being set aside. The judgment emphasizes the importance of establishing a direct connection between a company and fraudulent activities to justify penalties under the Customs Act. Case-Laws Customs Fri, 28 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247861