https://www.taxtmi.com/caselaws?id=45142 The Court declined to refer the matter to a larger Bench and treated the earlier majority decision on the same legal question as binding. Applying that precedent, it held that the penalties imposed under Section 167(8), including the related personal penalties tied to the shipping bills, could not stand and were vacated. The appeal concerning the penalty under Section 167(37)(c) was not pressed, and the penalty under Section 167(3) did not survive. The decision reinforces adherence to prior majority rulings when the same point arises again. en-us Fri, 12 Sep 1969 00:00:00 +0530 Thu, 08 Jul 2010 17:02:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45142 The Court declined to refer the matter to a larger Bench and treated the earlier majority decision on the same legal question as binding. Applying that precedent, it held that the penalties imposed under Section 167(8), including the related personal penalties tied to the shipping bills, could not stand and were vacated. The appeal concerning the penalty under Section 167(37)(c) was not pressed, and the penalty under Section 167(3) did not survive. The decision reinforces adherence to prior majority rulings when the same point arises again. Case-Laws Customs Fri, 12 Sep 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45142