https://www.taxtmi.com/caselaws?id=337984 The Tribunal ruled in favor of the appellant, Sanjay Agarwal, in a case concerning the confiscation of Indian and foreign currency under the Customs Act. The Tribunal found that the currency was not intended for illegal export, as alleged, and that the confiscation was unjustified. Consequently, the penalty imposed on Sanjay Agarwal under the Customs Act was also set aside. The appeal was disposed of in favor of the appellant. en-us Thu, 29 Dec 2016 00:00:00 +0530 Tue, 30 Jan 2018 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337984 The Tribunal ruled in favor of the appellant, Sanjay Agarwal, in a case concerning the confiscation of Indian and foreign currency under the Customs Act. The Tribunal found that the currency was not intended for illegal export, as alleged, and that the confiscation was unjustified. Consequently, the penalty imposed on Sanjay Agarwal under the Customs Act was also set aside. The appeal was disposed of in favor of the appellant. Case-Laws Customs Thu, 29 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337984