https://www.taxtmi.com/caselaws?id=349980 The Appellate Tribunal CESTAT NEW DELHI affirmed the findings of misuse of Import Export Code (IEC) by individuals involved in a smuggling syndicate in Delhi. The case involved under-invoicing, evasion of customs duty, and confiscation of imported goods linked to bogus firms. The tribunal upheld the confiscation and penalties imposed on individuals like Shri Anil Kumar and Shri Preet Mohinder Singh for their roles in the smuggling operation, including allowing their IEC code to be misused. The appeals challenging the order-in-original were rejected, confirming the penalties and confiscation. en-us Tue, 19 Sep 2017 00:00:00 +0530 Sat, 28 Oct 2017 08:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349980 The Appellate Tribunal CESTAT NEW DELHI affirmed the findings of misuse of Import Export Code (IEC) by individuals involved in a smuggling syndicate in Delhi. The case involved under-invoicing, evasion of customs duty, and confiscation of imported goods linked to bogus firms. The tribunal upheld the confiscation and penalties imposed on individuals like Shri Anil Kumar and Shri Preet Mohinder Singh for their roles in the smuggling operation, including allowing their IEC code to be misused. The appeals challenging the order-in-original were rejected, confirming the penalties and confiscation. Case-Laws Customs Tue, 19 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349980