https://www.taxtmi.com/caselaws?id=379350 Penalty under Section 112 of the Customs Act, 1962 was held unwarranted where confiscation of the goods was ordered but the importer's conduct was found bona fide. The authorities noted no negligence, deliberate defiance, contumacious conduct, or conscious disregard of statutory duty, and treated the absence of a contravention attracting penalty as justified. On that basis, the imposition of penalty was declined and the Revenue's challenge failed. en-us Mon, 25 Feb 2019 00:00:00 +0530 Wed, 01 May 2019 09:58:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379350 Penalty under Section 112 of the Customs Act, 1962 was held unwarranted where confiscation of the goods was ordered but the importer's conduct was found bona fide. The authorities noted no negligence, deliberate defiance, contumacious conduct, or conscious disregard of statutory duty, and treated the absence of a contravention attracting penalty as justified. On that basis, the imposition of penalty was declined and the Revenue's challenge failed. Case-Laws Customs Mon, 25 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379350