https://www.taxtmi.com/caselaws?id=4537 The Tribunal upheld duty demands on imported consignments using forged DEPB scrips, dismissing the appeals and confirming duty liability. Goods were confiscated under Section 111(o) of the Customs Act, with penalties imposed but later set aside for fresh adjudication post-investigation due to ongoing criminal conspiracy probes. The defense of being a bona fide purchaser was rejected, and the plea of limitation for initiating proceedings was deemed valid due to the fraudulent nature of the DEPB scrips. Fraud was emphasized as negating legal defenses in the Tribunal's decision. en-us Fri, 01 Feb 2008 00:00:00 +0530 Sat, 12 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4537 The Tribunal upheld duty demands on imported consignments using forged DEPB scrips, dismissing the appeals and confirming duty liability. Goods were confiscated under Section 111(o) of the Customs Act, with penalties imposed but later set aside for fresh adjudication post-investigation due to ongoing criminal conspiracy probes. The defense of being a bona fide purchaser was rejected, and the plea of limitation for initiating proceedings was deemed valid due to the fraudulent nature of the DEPB scrips. Fraud was emphasized as negating legal defenses in the Tribunal's decision. Case-Laws Customs Fri, 01 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4537