https://www.taxtmi.com/caselaws?id=427970 The Tribunal set aside the penalty imposed under Section 117 of the Customs Act 1962 on the Appellant in a case involving alleged involvement in a gold smuggling operation. The Tribunal found that the lack of specific legal provisions contravened by the Appellant and insufficient evidence of knowledge or intention did not justify the penalty under Section 117. Consequently, the appeal was allowed in favor of the Appellant, with consequential relief granted as per the law. en-us Mon, 19 Sep 2022 00:00:00 +0530 Wed, 21 Sep 2022 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427970 The Tribunal set aside the penalty imposed under Section 117 of the Customs Act 1962 on the Appellant in a case involving alleged involvement in a gold smuggling operation. The Tribunal found that the lack of specific legal provisions contravened by the Appellant and insufficient evidence of knowledge or intention did not justify the penalty under Section 117. Consequently, the appeal was allowed in favor of the Appellant, with consequential relief granted as per the law. Case-Laws Customs Mon, 19 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427970