https://www.taxtmi.com/caselaws?id=430445 The Tribunal upheld the demand of Rs. 57,14,129/- from the importer, M/s. Nidhi Enterprises, for using forged duty-free scrips, along with penalties and interest. The importer's claim of being a bona fide purchaser was dismissed, citing lack of diligence. The extended limitation period was justified due to fraud. The Tribunal confirmed the jurisdiction of the officers issuing the notice. Penalties on the importer were upheld, but those on the partner were set aside due to lack of evidence of his involvement in the fraud. en-us Wed, 16 Nov 2022 00:00:00 +0530 Sat, 19 Nov 2022 08:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430445 The Tribunal upheld the demand of Rs. 57,14,129/- from the importer, M/s. Nidhi Enterprises, for using forged duty-free scrips, along with penalties and interest. The importer's claim of being a bona fide purchaser was dismissed, citing lack of diligence. The extended limitation period was justified due to fraud. The Tribunal confirmed the jurisdiction of the officers issuing the notice. Penalties on the importer were upheld, but those on the partner were set aside due to lack of evidence of his involvement in the fraud. Case-Laws Customs Wed, 16 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430445