https://www.taxtmi.com/caselaws?id=336055 The Court found that while the appellants were not directly involved in the fraudulent export of 'Red Sander logs' instead of granite slabs, their association with the fraudsters warranted the imposition of penalties under Section 114(1) of the Act. Despite this, due to the lack of direct involvement, the penalties were reduced for all parties involved. Penalties were reduced to Rs. 50,000 for M/s. Solar Granite Exports and Rs. 25,000 each for Shri Pradeep Kumar Dungarwal and Shri Anil Kumar Dungarwal. The appeals were partially allowed based on this decision, emphasizing the importance of due diligence and responsibility in export processes. en-us Fri, 21 Oct 2016 00:00:00 +0530 Thu, 15 Dec 2016 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336055 The Court found that while the appellants were not directly involved in the fraudulent export of 'Red Sander logs' instead of granite slabs, their association with the fraudsters warranted the imposition of penalties under Section 114(1) of the Act. Despite this, due to the lack of direct involvement, the penalties were reduced for all parties involved. Penalties were reduced to Rs. 50,000 for M/s. Solar Granite Exports and Rs. 25,000 each for Shri Pradeep Kumar Dungarwal and Shri Anil Kumar Dungarwal. The appeals were partially allowed based on this decision, emphasizing the importance of due diligence and responsibility in export processes. Case-Laws Customs Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336055