https://www.taxtmi.com/caselaws?id=412470 The Tribunal upheld penalties of &8377; 50,000/- and &8377; 1,00,000/- on the first and second appellants, respectively, under Section 114 of the Customs Act, 1962 for attempting improper exportation of semi-finished leather, resulting in potential Revenue loss. The decision was supported by evidence of discrepancies in consignment details, involvement in misdeclaration, and admission of staff's role in overwriting package numbers. The penalties were justified under Section 114(ii), leading to the dismissal of the appeals. en-us Fri, 17 Sep 2021 00:00:00 +0530 Sat, 18 Sep 2021 08:10:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412470 The Tribunal upheld penalties of &8377; 50,000/- and &8377; 1,00,000/- on the first and second appellants, respectively, under Section 114 of the Customs Act, 1962 for attempting improper exportation of semi-finished leather, resulting in potential Revenue loss. The decision was supported by evidence of discrepancies in consignment details, involvement in misdeclaration, and admission of staff's role in overwriting package numbers. The penalties were justified under Section 114(ii), leading to the dismissal of the appeals. Case-Laws Customs Fri, 17 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412470