https://www.taxtmi.com/caselaws?id=386939 The Appellate Tribunal CESTAT Bangalore set aside the penalty of &8377;50,000 imposed on a Custom Broker firm by the Commissioner of Customs for failure in supervising an employee's conduct in business transactions. The Tribunal found that there was no evidence of willful mis-declaration or non-compliance with Customs Act provisions by the firm, deeming the penalty unjustified. The decision in favor of the appellant was based on the lack of proof supporting the alleged violations, leading to the relief granted on 30/07/2019. en-us Tue, 30 Jul 2019 00:00:00 +0530 Sat, 11 Jan 2020 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386939 The Appellate Tribunal CESTAT Bangalore set aside the penalty of &8377;50,000 imposed on a Custom Broker firm by the Commissioner of Customs for failure in supervising an employee's conduct in business transactions. The Tribunal found that there was no evidence of willful mis-declaration or non-compliance with Customs Act provisions by the firm, deeming the penalty unjustified. The decision in favor of the appellant was based on the lack of proof supporting the alleged violations, leading to the relief granted on 30/07/2019. Case-Laws Customs Tue, 30 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386939