https://www.taxtmi.com/caselaws?id=363318 The tribunal modified the impugned order-in-original, waiving the penalty for Shri Shakti Nath Jha and reducing the penalties for Shri Shekhar and Shri Sushil Sharma from Rs. 50 lakhs to Rs. 10 lakhs each. The decision emphasized the accountability of Custom House Agent (CHA) employees in verifying importers/exporters' credentials and ensuring the legality of cleared goods, highlighting the importance of diligence in fulfilling their responsibilities. en-us Tue, 10 Jul 2018 00:00:00 +0530 Wed, 11 Jul 2018 07:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363318 The tribunal modified the impugned order-in-original, waiving the penalty for Shri Shakti Nath Jha and reducing the penalties for Shri Shekhar and Shri Sushil Sharma from Rs. 50 lakhs to Rs. 10 lakhs each. The decision emphasized the accountability of Custom House Agent (CHA) employees in verifying importers/exporters' credentials and ensuring the legality of cleared goods, highlighting the importance of diligence in fulfilling their responsibilities. Case-Laws Customs Tue, 10 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363318