https://www.taxtmi.com/caselaws?id=377427 The Tribunal overturned the penalties imposed under Sections 114 and 117 of the Customs Act, 1962 on the appellant for smuggling Ketamine Hydrochloride. The penalties were deemed unjustified due to lack of direct evidence linking the appellant to the smuggling activities and misinterpretation of Notification 67/2007 regarding the export requirements for Ketamine and Ketamine Hydrochloride. The Tribunal found the reliance on hearsay evidence insufficient to uphold the penalties, emphasizing the importance of legal interpretation and substantial evidence in customs penalty cases. en-us Mon, 25 Mar 2019 00:00:00 +0530 Fri, 29 Mar 2019 08:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377427 The Tribunal overturned the penalties imposed under Sections 114 and 117 of the Customs Act, 1962 on the appellant for smuggling Ketamine Hydrochloride. The penalties were deemed unjustified due to lack of direct evidence linking the appellant to the smuggling activities and misinterpretation of Notification 67/2007 regarding the export requirements for Ketamine and Ketamine Hydrochloride. The Tribunal found the reliance on hearsay evidence insufficient to uphold the penalties, emphasizing the importance of legal interpretation and substantial evidence in customs penalty cases. Case-Laws Customs Mon, 25 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377427