https://www.taxtmi.com/caselaws?id=340842 The Tribunal ruled in favor of the appellant, setting aside the penalties imposed under Section 114 of the Customs Act, 1962. The appellant, a freight forwarder, was found not responsible for the substitution of goods during export as it occurred after the container was sealed by excise officers. Additionally, the Tribunal determined that there were no statutory provisions requiring freight forwarders to verify antecedents/KYC formalities during the relevant period. Consequently, the penalties imposed on the appellant were deemed unwarranted, and the appeal was allowed. en-us Tue, 28 Feb 2017 00:00:00 +0530 Tue, 28 Mar 2017 08:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340842 The Tribunal ruled in favor of the appellant, setting aside the penalties imposed under Section 114 of the Customs Act, 1962. The appellant, a freight forwarder, was found not responsible for the substitution of goods during export as it occurred after the container was sealed by excise officers. Additionally, the Tribunal determined that there were no statutory provisions requiring freight forwarders to verify antecedents/KYC formalities during the relevant period. Consequently, the penalties imposed on the appellant were deemed unwarranted, and the appeal was allowed. Case-Laws Customs Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340842