https://www.taxtmi.com/caselaws?id=754171 The Tribunal set aside the penalty imposed on the appellant under section 112(B) of the Customs Act, 1962, due to insufficient evidence of the appellant's knowledge or involvement in the misdeclaration of goods. The Tribunal concluded that the appellant's role in the alleged duty evasion was not conclusively established, and the evidence did not satisfy the legal requirements for imposing a penalty. Consequently, the appeal was allowed, and the previous order affirming the penalty was overturned. en-us Tue, 16 Apr 2024 00:00:00 +0530 Wed, 19 Jun 2024 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754171 The Tribunal set aside the penalty imposed on the appellant under section 112(B) of the Customs Act, 1962, due to insufficient evidence of the appellant's knowledge or involvement in the misdeclaration of goods. The Tribunal concluded that the appellant's role in the alleged duty evasion was not conclusively established, and the evidence did not satisfy the legal requirements for imposing a penalty. Consequently, the appeal was allowed, and the previous order affirming the penalty was overturned. Case-Laws Customs Tue, 16 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754171