https://www.taxtmi.com/caselaws?id=351767 The Tribunal set aside the penalty imposed on the appellant under Section 114 AA of the Customs Act, 1962, due to insufficient evidence linking him directly to fraudulent transactions involving inflated values in shipping bills. Despite the appellant's association with an individual who misused his identity for such transactions, the Tribunal found no proof of his direct involvement or abetting in the improper consignment shipment. The lack of substantive evidence led to the dismissal of the penalty, emphasizing the absence of a clear link between the appellant and the fraudulent activities. en-us Thu, 26 Oct 2017 00:00:00 +0530 Tue, 03 Jul 2018 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351767 The Tribunal set aside the penalty imposed on the appellant under Section 114 AA of the Customs Act, 1962, due to insufficient evidence linking him directly to fraudulent transactions involving inflated values in shipping bills. Despite the appellant's association with an individual who misused his identity for such transactions, the Tribunal found no proof of his direct involvement or abetting in the improper consignment shipment. The lack of substantive evidence led to the dismissal of the penalty, emphasizing the absence of a clear link between the appellant and the fraudulent activities. Case-Laws Customs Thu, 26 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351767