https://www.taxtmi.com/caselaws?id=286253 The High Court of Calcutta remanded a case concerning the imposition of a penalty under Section 114 of the Customs Act, 1962, back to the tribunal for re-adjudication. The tribunal had reduced the penalty imposed on a clearing house agent from Rs. 30 lakhs to Rs. 15 lakhs but failed to establish the exact complicity of the agent in the illegal exportation of mis-declared goods. The Court found the tribunal's findings insufficient and directed a thorough reconsideration, emphasizing the need for a comprehensive determination of the agent's involvement. The matter was remanded for further proceedings within two months. en-us Wed, 26 Jun 2019 00:00:00 +0530 Tue, 18 Feb 2020 08:29:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286253 The High Court of Calcutta remanded a case concerning the imposition of a penalty under Section 114 of the Customs Act, 1962, back to the tribunal for re-adjudication. The tribunal had reduced the penalty imposed on a clearing house agent from Rs. 30 lakhs to Rs. 15 lakhs but failed to establish the exact complicity of the agent in the illegal exportation of mis-declared goods. The Court found the tribunal's findings insufficient and directed a thorough reconsideration, emphasizing the need for a comprehensive determination of the agent's involvement. The matter was remanded for further proceedings within two months. Case-Laws Customs Wed, 26 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286253