https://www.taxtmi.com/caselaws?id=427810 The case involved mis-declaration and smuggling of prohibited goods in an export consignment, leading to penalties imposed under Section 114 of the Customs Act, 1962. The burden of proof shifted to the exporter to prove innocence, but the appellant failed to provide sufficient evidence. Various individuals were found to be involved in facilitating the illegal export, emphasizing their active participation. Compliance with KYC norms and verification of exporter's genuineness were underscored as crucial to prevent such illegal activities. The penalties were upheld based on the appellant's involvement in forwarding necessary documents for the illegal export, highlighting the importance of due diligence in international trade transactions. en-us Mon, 05 Sep 2022 00:00:00 +0530 Sat, 17 Sep 2022 07:57:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427810 The case involved mis-declaration and smuggling of prohibited goods in an export consignment, leading to penalties imposed under Section 114 of the Customs Act, 1962. The burden of proof shifted to the exporter to prove innocence, but the appellant failed to provide sufficient evidence. Various individuals were found to be involved in facilitating the illegal export, emphasizing their active participation. Compliance with KYC norms and verification of exporter's genuineness were underscored as crucial to prevent such illegal activities. The penalties were upheld based on the appellant's involvement in forwarding necessary documents for the illegal export, highlighting the importance of due diligence in international trade transactions. Case-Laws Customs Mon, 05 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427810