https://www.taxtmi.com/caselaws?id=752027 CESTAT New Delhi upheld penalties under sections 112 and 114AA against one appellant who was found to be an active participant in importing prohibited goods, mis-declaration, and distribution of proceeds throughout the entire operation. However, penalties against two other appellants were set aside as they were based on inadmissible statements under section 138B without proper cross-examination procedure, and neither section 112 nor 114AA provides penalties for non-cooperation with investigation or employment relationships with overseas suppliers. en-us Tue, 30 Apr 2024 00:00:00 +0530 Thu, 02 May 2024 06:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752027 CESTAT New Delhi upheld penalties under sections 112 and 114AA against one appellant who was found to be an active participant in importing prohibited goods, mis-declaration, and distribution of proceeds throughout the entire operation. However, penalties against two other appellants were set aside as they were based on inadmissible statements under section 138B without proper cross-examination procedure, and neither section 112 nor 114AA provides penalties for non-cooperation with investigation or employment relationships with overseas suppliers. Case-Laws Customs Tue, 30 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752027