https://www.taxtmi.com/highlights?id=74004 Levy of penalties both u/s 114 and Section 114AA on both of the CB and the exporter together - The appellant was also not seen to be a part of a conspiracy to defraud the exchequer, however he has made a mistake by a conscious disregard of the illegality and in not distancing himself from the act and reporting the matter that he knew was wrong and this blameworthy conduct warrants a penalty. However, the penalty imposed in this case is shocking and requires to be modified. - AT en-us Sat, 06 Jan 2024 07:37:53 +0530 Sat, 06 Jan 2024 07:37:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74004 Levy of penalties both u/s 114 and Section 114AA on both of the CB and the exporter together - The appellant was also not seen to be a part of a conspiracy to defraud the exchequer, however he has made a mistake by a conscious disregard of the illegality and in not distancing himself from the act and reporting the matter that he knew was wrong and this blameworthy conduct warrants a penalty. However, the penalty imposed in this case is shocking and requires to be modified. - AT Highlights Customs Sat, 06 Jan 2024 07:37:53 +0530 https://www.taxtmi.com/highlights?id=74004