https://www.taxtmi.com/caselaws?id=345041 The judgment upheld penalties under section 112(a) of the Customs Act, 1962 against appellants involved in diverting duty-free imports for local market sale. The penalties stemmed from actions enabling the diversion, such as issuing fabricated certificates and facilitating improper transactions. The court clarified that penalties apply to those directly or indirectly linked to goods subject to confiscation, emphasizing factual connections to confiscated goods. Previous Tribunal and High Court decisions were deemed inapplicable, as factual findings supported the penalties. Ultimately, the appellants' appeals were dismissed, affirming liability for their roles in the diversion scheme. en-us Mon, 12 Jun 2017 00:00:00 +0530 Thu, 06 Jul 2017 08:25:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345041 The judgment upheld penalties under section 112(a) of the Customs Act, 1962 against appellants involved in diverting duty-free imports for local market sale. The penalties stemmed from actions enabling the diversion, such as issuing fabricated certificates and facilitating improper transactions. The court clarified that penalties apply to those directly or indirectly linked to goods subject to confiscation, emphasizing factual connections to confiscated goods. Previous Tribunal and High Court decisions were deemed inapplicable, as factual findings supported the penalties. Ultimately, the appellants' appeals were dismissed, affirming liability for their roles in the diversion scheme. Case-Laws Customs Mon, 12 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345041