https://www.taxtmi.com/caselaws?id=331811 The tribunal confirmed the demand for duty recovery, interest, and penalties on appellants for using forged DEPB licenses and TRAs. The documents were deemed void ab initio, justifying the duty recovery. Despite allegations of procedural violations, the tribunal found the adjudication process fair. The CBI investigation did not implicate the appellants in forgery, leading to the setting aside of penalties. The timing of the show cause notice issuance did not affect the duty recovery. While the caveat emptor principle was acknowledged, the appellants were not involved in the forgery, resulting in setting aside of penalties but upholding duty recovery and interest. en-us Thu, 14 Jul 2016 00:00:00 +0530 Wed, 04 Jan 2017 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331811 The tribunal confirmed the demand for duty recovery, interest, and penalties on appellants for using forged DEPB licenses and TRAs. The documents were deemed void ab initio, justifying the duty recovery. Despite allegations of procedural violations, the tribunal found the adjudication process fair. The CBI investigation did not implicate the appellants in forgery, leading to the setting aside of penalties. The timing of the show cause notice issuance did not affect the duty recovery. While the caveat emptor principle was acknowledged, the appellants were not involved in the forgery, resulting in setting aside of penalties but upholding duty recovery and interest. Case-Laws Customs Thu, 14 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331811