https://www.taxtmi.com/caselaws?id=777852 CESTAT held that penalties under ss.112 and 114AA, imposed for allegedly facilitating diversion of export-bound gold jewellery to the domestic tariff area, were unjustified and set aside. Statements recorded under s.108 could not be relied upon to sustain s.112(m) penalties. There was no evidence showing the documents were prepared to divert goods, nor defects in declared purity or weight, and export handling complied with customs procedure; no proof the appellants instructed or knew passengers would hand over jewellery domestically. The impugned penalties were quashed and the appeal allowed. en-us Tue, 05 Aug 2025 00:00:00 +0530 Fri, 05 Sep 2025 15:11:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777852 CESTAT held that penalties under ss.112 and 114AA, imposed for allegedly facilitating diversion of export-bound gold jewellery to the domestic tariff area, were unjustified and set aside. Statements recorded under s.108 could not be relied upon to sustain s.112(m) penalties. There was no evidence showing the documents were prepared to divert goods, nor defects in declared purity or weight, and export handling complied with customs procedure; no proof the appellants instructed or knew passengers would hand over jewellery domestically. The impugned penalties were quashed and the appeal allowed. Case-Laws Customs Tue, 05 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777852