https://www.taxtmi.com/caselaws?id=416153 The court dismissed the Petition and the Interim Application, finding no merit in the Petitioners' submissions. The court emphasized that the Petitioners could still file an application for compounding of offences under the relevant provisions of the Customs Act, 1962, and the Customs (Compounding of Offences) Rules, 2005. The court also noted that any amount voluntarily paid by the Petitioners during the investigation could be set off against their liabilities. en-us Fri, 17 Dec 2021 00:00:00 +0530 Wed, 22 Dec 2021 07:50:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416153 The court dismissed the Petition and the Interim Application, finding no merit in the Petitioners' submissions. The court emphasized that the Petitioners could still file an application for compounding of offences under the relevant provisions of the Customs Act, 1962, and the Customs (Compounding of Offences) Rules, 2005. The court also noted that any amount voluntarily paid by the Petitioners during the investigation could be set off against their liabilities. Case-Laws Customs Fri, 17 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416153