https://www.taxtmi.com/caselaws?id=30279 The Tribunal overturned the penalties imposed on the appellants under Section 112 of the Customs Act, citing insufficient evidence to prove their involvement in the evasion of customs duty. The judgment emphasized the necessity of establishing knowledge and intent in cases of duty evasion before penalizing individuals or entities involved in such transactions. en-us Mon, 17 Mar 2008 00:00:00 +0530 Thu, 21 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30279 The Tribunal overturned the penalties imposed on the appellants under Section 112 of the Customs Act, citing insufficient evidence to prove their involvement in the evasion of customs duty. The judgment emphasized the necessity of establishing knowledge and intent in cases of duty evasion before penalizing individuals or entities involved in such transactions. Case-Laws Customs Mon, 17 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30279