https://www.taxtmi.com/caselaws?id=46646 The court ruled in favor of the petitioners, local agents in Mumbai, in a case concerning the imposition of a penalty by Customs Authorities under Section 112(a) of the Customs Act, 1962. The court found that the agents could not be penalized for the actions of the principal in Taiwan under the Bills of Lading Act, 1855. It was established that the agents were not liable under Section 148 of the Customs Act as they were not appointed by the carrier of the vessel. The court emphasized the lack of evidence against the agents and quashed the penalty order, directing the return of the Bank guarantee or cash deposit. en-us Thu, 31 Oct 2002 00:00:00 +0530 Fri, 23 Jul 2010 11:24:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46646 The court ruled in favor of the petitioners, local agents in Mumbai, in a case concerning the imposition of a penalty by Customs Authorities under Section 112(a) of the Customs Act, 1962. The court found that the agents could not be penalized for the actions of the principal in Taiwan under the Bills of Lading Act, 1855. It was established that the agents were not liable under Section 148 of the Customs Act as they were not appointed by the carrier of the vessel. The court emphasized the lack of evidence against the agents and quashed the penalty order, directing the return of the Bank guarantee or cash deposit. Case-Laws Customs Thu, 31 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46646