https://www.taxtmi.com/caselaws?id=194444 The Tribunal allowed the appeal, setting aside the penalty imposed on the former director under Section 112 of the Customs Act. The Tribunal found no evidence of clandestine removal of capital goods during the director's tenure and held the penalty imposition as vitiated due to the lack of specific reference to the relevant clause of Section 112. en-us Tue, 05 May 2015 00:00:00 +0530 Fri, 08 Sep 2017 11:00:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194444 The Tribunal allowed the appeal, setting aside the penalty imposed on the former director under Section 112 of the Customs Act. The Tribunal found no evidence of clandestine removal of capital goods during the director's tenure and held the penalty imposition as vitiated due to the lack of specific reference to the relevant clause of Section 112. Case-Laws Customs Tue, 05 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194444