https://www.taxtmi.com/caselaws?id=345913 The court set aside the penalties imposed under Sections 112(a) and 112(b) of the Customs Act, 1962, due to lack of sufficient supporting material and unsustainable assumptions of smuggling. The order clarified that the annulment of penalties did not impact other directions and penalties in the impugned order. Parties were allowed to pursue legal action regarding the remaining aspects of the order. No costs were awarded, and the judgment's observations were stated not to prejudice any party in a potential appeal. en-us Tue, 25 Jul 2017 00:00:00 +0530 Mon, 31 Jul 2017 08:12:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345913 The court set aside the penalties imposed under Sections 112(a) and 112(b) of the Customs Act, 1962, due to lack of sufficient supporting material and unsustainable assumptions of smuggling. The order clarified that the annulment of penalties did not impact other directions and penalties in the impugned order. Parties were allowed to pursue legal action regarding the remaining aspects of the order. No costs were awarded, and the judgment's observations were stated not to prejudice any party in a potential appeal. Case-Laws Customs Tue, 25 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345913