https://www.taxtmi.com/caselaws?id=356265 The Tribunal allowed the appeal, setting aside the penalty imposed under Section 112(a) of the Customs Act. It was found that there was no evidence of connivance or collusion by the appellant in misdeclaration or misuse of exemptions. The Tribunal emphasized the necessity of establishing specific circumstances to support penalties under the Customs Act, leading to the decision to overturn the penalty in this case. en-us Fri, 19 Jan 2018 00:00:00 +0530 Mon, 18 Mar 2019 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356265 The Tribunal allowed the appeal, setting aside the penalty imposed under Section 112(a) of the Customs Act. It was found that there was no evidence of connivance or collusion by the appellant in misdeclaration or misuse of exemptions. The Tribunal emphasized the necessity of establishing specific circumstances to support penalties under the Customs Act, leading to the decision to overturn the penalty in this case. Case-Laws Customs Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356265