https://www.taxtmi.com/caselaws?id=431365 The Tribunal allowed the Appeals filed by the Appellants, setting aside the penalties imposed under Section 114(i) of the Customs Act, 1962. The decision was based on the lack of direct evidence and the reliance on assumptions and presumptions in the proceedings against the Appellants. The Tribunal emphasized the importance of conclusive evidence in penal proceedings under the Customs Act. The Appeals were allowed with consequential relief as per law. en-us Mon, 05 Dec 2022 00:00:00 +0530 Mon, 12 Dec 2022 06:08:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431365 The Tribunal allowed the Appeals filed by the Appellants, setting aside the penalties imposed under Section 114(i) of the Customs Act, 1962. The decision was based on the lack of direct evidence and the reliance on assumptions and presumptions in the proceedings against the Appellants. The Tribunal emphasized the importance of conclusive evidence in penal proceedings under the Customs Act. The Appeals were allowed with consequential relief as per law. Case-Laws Customs Mon, 05 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431365