Executives Cleared of Penalties under Customs Act Sections 112 and 114AA Due to Lack of Evidence in Consignee Name Alteration.

Executives Cleared of Penalties under Customs Act Sections 112 and 114AA Due to Lack of Evidence in Consignee Name Alteration. https://www.taxtmi.com/highlights?id=71001 Levy of penalty u/s 112 and 114AA of the Customs Act, 1962 - Executives / Employees of freight and forwarding agent - existence of mensrea - deliberate connivance with the main noticees in changing the name of the consignee - There is nothing on record to impute knowledge about the usage of false or incorrect material in the transactions undertaken as regards the present two appellants - In fact, the show cause notice does not remotely alleges and castigates the two appellants herein for manipulation and forgery in the bill of lading. - No penalty - AT en-us Thu, 20 Jul 2023 08:29:00 +0530 Thu, 20 Jul 2023 08:29:00 +0530 TaxTMI RSS Generator Executives Cleared of Penalties under Customs Act Sections 112 and 114AA Due to Lack of Evidence in Consignee Name Alteration. https://www.taxtmi.com/highlights?id=71001 Levy of penalty u/s 112 and 114AA of the Customs Act, 1962 - Executives / Employees of freight and forwarding agent - existence of mensrea - deliberate connivance with the main noticees in changing the name of the consignee - There is nothing on record to impute knowledge about the usage of false or incorrect material in the transactions undertaken as regards the present two appellants - In fact, the show cause notice does not remotely alleges and castigates the two appellants herein for manipulation and forgery in the bill of lading. - No penalty - AT Highlights Customs Thu, 20 Jul 2023 08:29:00 +0530 https://www.taxtmi.com/highlights?id=71001