https://www.taxtmi.com/caselaws?id=427917 The Tribunal set aside the confiscation of goods and vehicles, as well as the penalties imposed under Sections 114(iii) and 114AA of the Customs Act, 1962. The penalties were deemed arbitrary without sufficient evidence. Procedural violations were negated, and the authenticity of parallel invoices was not established. The delay in issuing the Show Cause Notice and lack of evidence vitiated the legal proceedings. The Revenue failed to provide tangible evidence, leading to the Tribunal allowing the appeals, overturning the confiscation and penalties, and granting relief to the appellants. en-us Fri, 16 Sep 2022 00:00:00 +0530 Wed, 21 Jun 2023 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427917 The Tribunal set aside the confiscation of goods and vehicles, as well as the penalties imposed under Sections 114(iii) and 114AA of the Customs Act, 1962. The penalties were deemed arbitrary without sufficient evidence. Procedural violations were negated, and the authenticity of parallel invoices was not established. The delay in issuing the Show Cause Notice and lack of evidence vitiated the legal proceedings. The Revenue failed to provide tangible evidence, leading to the Tribunal allowing the appeals, overturning the confiscation and penalties, and granting relief to the appellants. Case-Laws Customs Fri, 16 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427917