https://www.taxtmi.com/caselaws?id=271833 Knowingly circulating forged DEPB scrips and TRAs to obtain duty-free clearance renders the goods liable to confiscation and supports penalty under section 112(a) of the Customs Act, 1962. The Tribunal held that the appellant was a conscious participant in the fraudulent arrangement, with corroborative evidence showing use of non-genuine instruments and a scheme to defeat Revenue. It further held that fraud defeats objections based on limitation, and that Customs authorities had jurisdiction to proceed where confiscable goods and customs violations were involved. The plea of violation of natural justice was rejected because notice and opportunity of hearing had been given. en-us Mon, 15 Feb 2016 00:00:00 +0530 Sat, 05 Nov 2016 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271833 Knowingly circulating forged DEPB scrips and TRAs to obtain duty-free clearance renders the goods liable to confiscation and supports penalty under section 112(a) of the Customs Act, 1962. The Tribunal held that the appellant was a conscious participant in the fraudulent arrangement, with corroborative evidence showing use of non-genuine instruments and a scheme to defeat Revenue. It further held that fraud defeats objections based on limitation, and that Customs authorities had jurisdiction to proceed where confiscable goods and customs violations were involved. The plea of violation of natural justice was rejected because notice and opportunity of hearing had been given. Case-Laws Customs Mon, 15 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271833