https://www.taxtmi.com/caselaws?id=355537 The Tribunal set aside the penalty of Rs. One lakh each imposed on three officers for alleged involvement in over-valuation of exported goods to obtain higher DEPB benefit. The officers were found to have no active involvement or financial gain from the fraudulent activities, with lack of proof of knowledge or benefit. The Tribunal emphasized the absence of grounds to uphold the penalties, partially allowing the appeal and maintaining other aspects of the order. en-us Fri, 22 Dec 2017 00:00:00 +0530 Wed, 13 Mar 2019 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355537 The Tribunal set aside the penalty of Rs. One lakh each imposed on three officers for alleged involvement in over-valuation of exported goods to obtain higher DEPB benefit. The officers were found to have no active involvement or financial gain from the fraudulent activities, with lack of proof of knowledge or benefit. The Tribunal emphasized the absence of grounds to uphold the penalties, partially allowing the appeal and maintaining other aspects of the order. Case-Laws Customs Fri, 22 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355537