https://www.taxtmi.com/caselaws?id=409792 The appeal challenging the penalty imposed under Section 114 of the Customs Act, 1962 based on a Show Cause Notice issued by the Directorate of Revenue Intelligence was successful. The Member (Judicial) found the penalty invalid, citing a Supreme Court judgment declaring the DRI's actions void ab initio. Consequently, the impugned order was set aside, and the appeal was allowed with any consequential benefits. The decision, pronounced on 15.07.2021, rested on the invalidity of the Show Cause Notice, leading to the dismissal of the penalty under the Customs Act. en-us Thu, 15 Jul 2021 00:00:00 +0530 Fri, 16 Jul 2021 08:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409792 The appeal challenging the penalty imposed under Section 114 of the Customs Act, 1962 based on a Show Cause Notice issued by the Directorate of Revenue Intelligence was successful. The Member (Judicial) found the penalty invalid, citing a Supreme Court judgment declaring the DRI's actions void ab initio. Consequently, the impugned order was set aside, and the appeal was allowed with any consequential benefits. The decision, pronounced on 15.07.2021, rested on the invalidity of the Show Cause Notice, leading to the dismissal of the penalty under the Customs Act. Case-Laws Customs Thu, 15 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409792