https://www.taxtmi.com/caselaws?id=771741 The SC/Tribunal addressed customs broker liability for penalty under Section 112 of Customs Act. The court ruled that mere negligence in filing Bill of Entry does not constitute abetment. The customs broker cannot be penalized for unknowingly submitting importer's declared transaction value, as the Proper Officer exclusively determines assessable value. The penalty was set aside, emphasizing that inadvertent involvement does not attract statutory penalties. en-us Tue, 29 Apr 2025 00:00:00 +0530 Fri, 30 May 2025 08:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771741 The SC/Tribunal addressed customs broker liability for penalty under Section 112 of Customs Act. The court ruled that mere negligence in filing Bill of Entry does not constitute abetment. The customs broker cannot be penalized for unknowingly submitting importer's declared transaction value, as the Proper Officer exclusively determines assessable value. The penalty was set aside, emphasizing that inadvertent involvement does not attract statutory penalties. Case-Laws Customs Tue, 29 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771741