https://www.taxtmi.com/caselaws?id=417492 The Tribunal differentiated between the custom house agent company and its Director, exonerating the company due to mismatched allegations. The penalty under section 112 of the Customs Act was invalidated for the company. For the Director, reliance on uncorroborated co-noticee statements was insufficient, leading to the penalty's reversal. Both appeals were allowed on 3rd December 2021, as evidence linking the Director to the diversion scheme was deemed inadequate. en-us Fri, 03 Dec 2021 00:00:00 +0530 Tue, 25 Jan 2022 08:44:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417492 The Tribunal differentiated between the custom house agent company and its Director, exonerating the company due to mismatched allegations. The penalty under section 112 of the Customs Act was invalidated for the company. For the Director, reliance on uncorroborated co-noticee statements was insufficient, leading to the penalty's reversal. Both appeals were allowed on 3rd December 2021, as evidence linking the Director to the diversion scheme was deemed inadequate. Case-Laws Customs Fri, 03 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417492