https://www.taxtmi.com/caselaws?id=348251 The Tribunal upheld penalties on the appellants under Section 112 (a) & 112 (b) of the Customs Act, 1962 for their involvement in a conspiracy to evade Customs duty through fraudulent import schemes. M/s JVL and M/s ACI Oils orchestrated illegitimate imports, with M/s ACI Oils facilitating the illegal import process by allowing their name to be used in high sea sale agreements to qualify for duty exemptions. The failure of M/s Soma Clearing Agents to disclose irregularities in the import process resulted in their liability for penalties. The appellants' lack of efforts to challenge findings and evidence of their involvement led to the dismissal of appeals and the affirmation of penalties. en-us Fri, 07 Jul 2017 00:00:00 +0530 Tue, 19 Sep 2017 10:21:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348251 The Tribunal upheld penalties on the appellants under Section 112 (a) & 112 (b) of the Customs Act, 1962 for their involvement in a conspiracy to evade Customs duty through fraudulent import schemes. M/s JVL and M/s ACI Oils orchestrated illegitimate imports, with M/s ACI Oils facilitating the illegal import process by allowing their name to be used in high sea sale agreements to qualify for duty exemptions. The failure of M/s Soma Clearing Agents to disclose irregularities in the import process resulted in their liability for penalties. The appellants' lack of efforts to challenge findings and evidence of their involvement led to the dismissal of appeals and the affirmation of penalties. Case-Laws Customs Fri, 07 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348251