https://www.taxtmi.com/caselaws?id=381001 The tribunal partially allowed the appeal, reducing the penalty imposed under Section 112 of the Customs Act to Rs. 50,000. It recognized the appellant's resignation upon discovering fraudulent activities and lack of personal involvement. The appellant was deemed innocent of direct involvement, with the main shareholder being identified as the mastermind behind the illegal activities. en-us Fri, 31 May 2019 00:00:00 +0530 Mon, 03 Jun 2019 09:39:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381001 The tribunal partially allowed the appeal, reducing the penalty imposed under Section 112 of the Customs Act to Rs. 50,000. It recognized the appellant's resignation upon discovering fraudulent activities and lack of personal involvement. The appellant was deemed innocent of direct involvement, with the main shareholder being identified as the mastermind behind the illegal activities. Case-Laws Customs Fri, 31 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381001