https://www.taxtmi.com/caselaws?id=336248 The tribunal upheld the penalty imposition of Rs. 5 lakh on the appellant under Section 114(i) of the Customs Act 1962 for abetting the export of prohibited Red Sanders Wood, despite reducing it from the initial Rs. 10 lakh. The appellant's argument of being a mere broker and lack of violation of Section 113 provisions was dismissed, with the tribunal deeming his actions as abetment based on his knowledge and involvement in the export process. The appeal was rejected with the modified penalty amount. en-us Fri, 29 Jul 2016 00:00:00 +0530 Fri, 18 Aug 2017 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336248 The tribunal upheld the penalty imposition of Rs. 5 lakh on the appellant under Section 114(i) of the Customs Act 1962 for abetting the export of prohibited Red Sanders Wood, despite reducing it from the initial Rs. 10 lakh. The appellant's argument of being a mere broker and lack of violation of Section 113 provisions was dismissed, with the tribunal deeming his actions as abetment based on his knowledge and involvement in the export process. The appeal was rejected with the modified penalty amount. Case-Laws Customs Fri, 29 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336248