https://www.taxtmi.com/caselaws?id=355536 The Tribunal reduced the penalty imposed on Shri Radheshyam Rander from Rs. 10,00,000 to Rs. 1,00,000 for his involvement in the illegal diversion of duty-free raw silk yarn by M/s. Sansri Trading Corporation. Despite being considered a peripheral player, the Tribunal recognized his role in the diversion and upheld the penalty under Sections 112(a) and 112(b) of the Customs Act, 1962. This decision emphasizes the importance of enforcing customs regulations and holding individuals accountable for their involvement in illicit activities, even if their contribution is secondary to the main offenders. en-us Mon, 18 Dec 2017 00:00:00 +0530 Thu, 15 Feb 2018 09:23:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355536 The Tribunal reduced the penalty imposed on Shri Radheshyam Rander from Rs. 10,00,000 to Rs. 1,00,000 for his involvement in the illegal diversion of duty-free raw silk yarn by M/s. Sansri Trading Corporation. Despite being considered a peripheral player, the Tribunal recognized his role in the diversion and upheld the penalty under Sections 112(a) and 112(b) of the Customs Act, 1962. This decision emphasizes the importance of enforcing customs regulations and holding individuals accountable for their involvement in illicit activities, even if their contribution is secondary to the main offenders. Case-Laws Customs Mon, 18 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355536