https://www.taxtmi.com/caselaws?id=762256 CESTAT Ahmedabad allowed the appeal and set aside penalties imposed on the customs broker and its proprietor. The appellant entered into a High Sea Sales agreement with an importer who used allegedly fake Advance Authorization. When the importer was found non-existent, the appellant requested cancellation of the agreement and amendment of Bills of Entry, which customs authorities allowed under Section 149. The appellant paid full duty without claiming Advance Authorization benefits. CESTAT held that after permitting amendment, no grounds existed for confiscation or penalties. Revenue failed to prove mens rea or that the appellant abetted any wrongdoing. The appellant acted bona fide by paying duty upon discovering irregularities. en-us Tue, 26 Nov 2024 00:00:00 +0530 Wed, 27 Nov 2024 19:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762256 CESTAT Ahmedabad allowed the appeal and set aside penalties imposed on the customs broker and its proprietor. The appellant entered into a High Sea Sales agreement with an importer who used allegedly fake Advance Authorization. When the importer was found non-existent, the appellant requested cancellation of the agreement and amendment of Bills of Entry, which customs authorities allowed under Section 149. The appellant paid full duty without claiming Advance Authorization benefits. CESTAT held that after permitting amendment, no grounds existed for confiscation or penalties. Revenue failed to prove mens rea or that the appellant abetted any wrongdoing. The appellant acted bona fide by paying duty upon discovering irregularities. Case-Laws Customs Tue, 26 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762256