https://www.taxtmi.com/caselaws?id=279770 The Tribunal allowed the appeal, setting aside the penalty imposed on the appellant Director of a company involved in freight fraud for duty evasion. The Tribunal found the penalty unjustified, citing Circular No.11/2016-Cus., which dictates that settling duty, interest, and penalty within one month should conclude proceedings against all parties. As the importer had complied, the penalty on the appellant was deemed unwarranted, leading to the reversal of the penalty based on legal provisions and circular guidance. en-us Mon, 15 May 2017 00:00:00 +0530 Fri, 05 Apr 2019 06:43:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279770 The Tribunal allowed the appeal, setting aside the penalty imposed on the appellant Director of a company involved in freight fraud for duty evasion. The Tribunal found the penalty unjustified, citing Circular No.11/2016-Cus., which dictates that settling duty, interest, and penalty within one month should conclude proceedings against all parties. As the importer had complied, the penalty on the appellant was deemed unwarranted, leading to the reversal of the penalty based on legal provisions and circular guidance. Case-Laws Customs Mon, 15 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279770