https://www.taxtmi.com/caselaws?id=383365 The Tribunal set aside the penalty imposed on the custom house agent for alleged overvaluation of export goods and violation of regulations. It ruled that penalizing the agent solely based on their role was incorrect, emphasizing the necessity of a direct link between the agent's actions and specific penal provisions invoked. The Tribunal highlighted the importance of legal clarity and adherence to statutory provisions, ultimately allowing the appeal and underscoring the need for a proper legal basis for imposing penalties in such cases. en-us Thu, 13 Jun 2019 00:00:00 +0530 Fri, 13 Mar 2020 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383365 The Tribunal set aside the penalty imposed on the custom house agent for alleged overvaluation of export goods and violation of regulations. It ruled that penalizing the agent solely based on their role was incorrect, emphasizing the necessity of a direct link between the agent's actions and specific penal provisions invoked. The Tribunal highlighted the importance of legal clarity and adherence to statutory provisions, ultimately allowing the appeal and underscoring the need for a proper legal basis for imposing penalties in such cases. Case-Laws Customs Thu, 13 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383365