https://www.taxtmi.com/caselaws?id=424384 The Tribunal set aside penalties imposed under section 112(a) of the Customs Act, 1962, finding appellants lacked evidence of involvement in mis-declaration. It deemed the appropriation of amounts deposited during investigation unsustainable due to clarified duty liabilities. The issue of DRI's jurisdiction to issue show cause notices remained unresolved. The Tribunal emphasized insufficient evidence against individuals in import transactions, leading to the penalties being deemed unsustainable. The impugned order was set aside, and all appeals were allowed with consequential reliefs by the Appellate Tribunal CESTAT Ahmedabad on 27.06.2022. en-us Mon, 27 Jun 2022 00:00:00 +0530 Mon, 20 Feb 2023 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424384 The Tribunal set aside penalties imposed under section 112(a) of the Customs Act, 1962, finding appellants lacked evidence of involvement in mis-declaration. It deemed the appropriation of amounts deposited during investigation unsustainable due to clarified duty liabilities. The issue of DRI's jurisdiction to issue show cause notices remained unresolved. The Tribunal emphasized insufficient evidence against individuals in import transactions, leading to the penalties being deemed unsustainable. The impugned order was set aside, and all appeals were allowed with consequential reliefs by the Appellate Tribunal CESTAT Ahmedabad on 27.06.2022. Case-Laws Customs Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424384