https://www.taxtmi.com/caselaws?id=360051 The Tribunal set aside penalties imposed under Sections 114 and 114AA of the Customs Act, 1962 on the appellants for abetting fraudulent export through misdeclaration of value. The Tribunal found that the penalties were unsustainable as the appellants, including a Customs House Agent and its Director, were not directly involved in the misdeclaration, acting based on information provided by the exporter. The Tribunal emphasized that penalties cannot be justified solely on the failure to produce an authorization letter from the exporter, ultimately allowing the appeals and overturning the penalties. en-us Wed, 21 Feb 2018 00:00:00 +0530 Wed, 09 May 2018 06:57:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360051 The Tribunal set aside penalties imposed under Sections 114 and 114AA of the Customs Act, 1962 on the appellants for abetting fraudulent export through misdeclaration of value. The Tribunal found that the penalties were unsustainable as the appellants, including a Customs House Agent and its Director, were not directly involved in the misdeclaration, acting based on information provided by the exporter. The Tribunal emphasized that penalties cannot be justified solely on the failure to produce an authorization letter from the exporter, ultimately allowing the appeals and overturning the penalties. Case-Laws Customs Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360051