https://www.taxtmi.com/caselaws?id=334797 The Tribunal upheld penalties imposed under section 112 of the Customs Act, 1962, due to the appellant's significant role in fraudulent practices involving forged signatures and evasion of duty payment. The appellant facilitated the fraud by providing blank and signed Bills of Entry for consideration, corroborated by various statements. Despite arguing minimal involvement, the appellant's evasion of investigation and abetment in the fraud led to penalty imposition. The penalties were reduced by 50% considering the appellant's role, but ultimately upheld due to the integral part played in the illegal activities. en-us Fri, 07 Oct 2016 00:00:00 +0530 Wed, 31 Jan 2018 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334797 The Tribunal upheld penalties imposed under section 112 of the Customs Act, 1962, due to the appellant's significant role in fraudulent practices involving forged signatures and evasion of duty payment. The appellant facilitated the fraud by providing blank and signed Bills of Entry for consideration, corroborated by various statements. Despite arguing minimal involvement, the appellant's evasion of investigation and abetment in the fraud led to penalty imposition. The penalties were reduced by 50% considering the appellant's role, but ultimately upheld due to the integral part played in the illegal activities. Case-Laws Customs Fri, 07 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334797