https://www.taxtmi.com/caselaws?id=774582 Penalty under Section 114 of the Customs Act was found unsustainable against clearing agents where the record showed only filing of export documents, no proof of their knowledge of overvaluation or inferior quality, and no material of active participation in the exporter's alleged fraud in drawback and DEPB claims. The extended limitation period was also held inapplicable because the export goods had been physically examined and cleared by the proper officer, placing the relevant facts within departmental knowledge at the time. The penalties were set aside and consequential relief followed. en-us Thu, 10 Jul 2025 00:00:00 +0530 Thu, 10 Jul 2025 14:46:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774582 Penalty under Section 114 of the Customs Act was found unsustainable against clearing agents where the record showed only filing of export documents, no proof of their knowledge of overvaluation or inferior quality, and no material of active participation in the exporter's alleged fraud in drawback and DEPB claims. The extended limitation period was also held inapplicable because the export goods had been physically examined and cleared by the proper officer, placing the relevant facts within departmental knowledge at the time. The penalties were set aside and consequential relief followed. Case-Laws Customs Thu, 10 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774582