https://www.taxtmi.com/caselaws?id=350049 The appellant's involvement in defrauding Customs by selling fraudulently obtained DEPB scrips for duty-free imports was proven, leading to liability under the Customs Act, 1962. Despite the appellant's defense of innocence being discarded due to uncontroverted investigation findings, the court emphasized the seriousness of fraud in law and penal provisions to suppress defrauding Revenue. The appellant's appeal failed as evidence supported his malafide actions, highlighting the role of the Customs Act and Customs Tariff Act in safeguarding the economy against deceptive practices impacting public revenue and economic stability. en-us Fri, 27 Oct 2017 00:00:00 +0530 Tue, 05 Dec 2017 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350049 The appellant's involvement in defrauding Customs by selling fraudulently obtained DEPB scrips for duty-free imports was proven, leading to liability under the Customs Act, 1962. Despite the appellant's defense of innocence being discarded due to uncontroverted investigation findings, the court emphasized the seriousness of fraud in law and penal provisions to suppress defrauding Revenue. The appellant's appeal failed as evidence supported his malafide actions, highlighting the role of the Customs Act and Customs Tariff Act in safeguarding the economy against deceptive practices impacting public revenue and economic stability. Case-Laws Customs Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350049