https://www.taxtmi.com/highlights?id=69927 Levy of penalty u/s 112 (a) and 112 (b) of the Customs Act, 1962 - import by misdeclaration of description and value of the consignments using the IEC registered in the name of other person and shell companies - The act of action of the appellant is only under bonafide belief. - No penalty - AT en-us Wed, 24 May 2023 11:54:01 +0530 Wed, 24 May 2023 11:54:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69927 Levy of penalty u/s 112 (a) and 112 (b) of the Customs Act, 1962 - import by misdeclaration of description and value of the consignments using the IEC registered in the name of other person and shell companies - The act of action of the appellant is only under bonafide belief. - No penalty - AT Highlights Customs Wed, 24 May 2023 11:54:01 +0530 https://www.taxtmi.com/highlights?id=69927