https://www.taxtmi.com/caselaws?id=354243 The tribunal set aside the impugned order in a case involving the validity of an EPCG authorization and import of capital goods against invalidated licenses. The appellant's appeal was allowed as there was no evidence of wilful suppression, and the show cause notice was deemed time-barred. The tribunal emphasized that oversight by customs authorities does not absolve the importer of responsibility, but in this case, the lack of evidence of intentional evasion led to the decision to overturn the penalties and duty imposed on the appellant. en-us Tue, 16 Jan 2018 00:00:00 +0530 Mon, 18 Mar 2019 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354243 The tribunal set aside the impugned order in a case involving the validity of an EPCG authorization and import of capital goods against invalidated licenses. The appellant's appeal was allowed as there was no evidence of wilful suppression, and the show cause notice was deemed time-barred. The tribunal emphasized that oversight by customs authorities does not absolve the importer of responsibility, but in this case, the lack of evidence of intentional evasion led to the decision to overturn the penalties and duty imposed on the appellant. Case-Laws Customs Tue, 16 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354243