https://www.taxtmi.com/highlights?id=79538 Petition challenging seizure memorandum, show cause notice (SCN), and lookout notice issued regarding mis-declaration of imported goods dismissed. SCN issued u/s 28(4) read with Sections 124 and 110AA of Customs Act, citing suppression of facts and willful misstatement. Commissioner of Customs qualifies as "Proper Officer" u/s 2(34) to initiate proceedings u/s 28(4). SCN issued within 5-year limitation period u/s 28(4). Lookout notice challenge maintainable only by individual to whom issued. Challenge to seizure memorandum rejected on grounds of laches. Petition unsustainable. en-us Fri, 19 Jul 2024 07:34:39 +0530 Fri, 19 Jul 2024 07:34:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79538 Petition challenging seizure memorandum, show cause notice (SCN), and lookout notice issued regarding mis-declaration of imported goods dismissed. SCN issued u/s 28(4) read with Sections 124 and 110AA of Customs Act, citing suppression of facts and willful misstatement. Commissioner of Customs qualifies as "Proper Officer" u/s 2(34) to initiate proceedings u/s 28(4). SCN issued within 5-year limitation period u/s 28(4). Lookout notice challenge maintainable only by individual to whom issued. Challenge to seizure memorandum rejected on grounds of laches. Petition unsustainable. Highlights Customs Fri, 19 Jul 2024 07:34:39 +0530 https://www.taxtmi.com/highlights?id=79538