https://www.taxtmi.com/caselaws?id=392377 The Tribunal set aside the penalty of Rs. 5 lakhs imposed on the appellant under Section 112(b)(i) of the Customs Act for importing Chinese crackers. The decision was based on the lack of direct involvement of the appellant in filing the bill of entry and the reliance on retracted statements without independent evidence. The Tribunal found no legal basis for the penalty and allowed the appeal with consequential relief. en-us Tue, 11 Feb 2020 00:00:00 +0530 Fri, 20 Nov 2020 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392377 The Tribunal set aside the penalty of Rs. 5 lakhs imposed on the appellant under Section 112(b)(i) of the Customs Act for importing Chinese crackers. The decision was based on the lack of direct involvement of the appellant in filing the bill of entry and the reliance on retracted statements without independent evidence. The Tribunal found no legal basis for the penalty and allowed the appeal with consequential relief. Case-Laws Customs Tue, 11 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392377