https://www.taxtmi.com/highlights?id=66224 Levy of penalty - the subject container was very much in the custody of the SIIB Officers since no Bill-of-Entry was ever filed and hence, the alleged removal from the CFS could only attract act of ‘theft’ under the Indian Penal Code, for which a separate police complaint was lodged - Fastening the penalty under Section 112(b) ibid against this appellant is only a fallacy, which cannot be sustained - AT en-us Fri, 28 Oct 2022 15:11:58 +0530 Fri, 28 Oct 2022 15:11:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66224 Levy of penalty - the subject container was very much in the custody of the SIIB Officers since no Bill-of-Entry was ever filed and hence, the alleged removal from the CFS could only attract act of ‘theft’ under the Indian Penal Code, for which a separate police complaint was lodged - Fastening the penalty under Section 112(b) ibid against this appellant is only a fallacy, which cannot be sustained - AT Highlights Customs Fri, 28 Oct 2022 15:11:58 +0530 https://www.taxtmi.com/highlights?id=66224