https://www.taxtmi.com/caselaws?id=349984 Customs penalty liability for fraudulent DEPB scrip transactions may be established on a preponderance of probabilities rather than criminal-standard proof. DEPB scrips procured through false shipping bills, fake bank realisation certificates and forged documents, then used for duty-free imports, support penal action where evidence establishes conscious participation in their procurement and sale. Involvement through intermediaries or forged documentation does not provide immunity from liability. Unrebutted evidence of participation in conduct intended to defeat revenue and obtain unlawful fiscal benefits sustains penalty under the Customs Act. en-us Fri, 27 Oct 2017 00:00:00 +0530 Tue, 05 Mar 2019 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349984 Customs penalty liability for fraudulent DEPB scrip transactions may be established on a preponderance of probabilities rather than criminal-standard proof. DEPB scrips procured through false shipping bills, fake bank realisation certificates and forged documents, then used for duty-free imports, support penal action where evidence establishes conscious participation in their procurement and sale. Involvement through intermediaries or forged documentation does not provide immunity from liability. Unrebutted evidence of participation in conduct intended to defeat revenue and obtain unlawful fiscal benefits sustains penalty under the Customs Act. Case-Laws Customs Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349984