https://www.taxtmi.com/caselaws?id=782186 CESTAT set aside penalties imposed on the appellant Customs Broker and its employee under Sections 112(a)(i) and 114AA of the Customs Act, 1962. The Tribunal held that for such penalties, it must be shown that the appellants' acts rendered the goods liable to confiscation and that they intentionally made false statements or submitted incorrect documents. No evidence showed their connivance with the importer in mis-declaration or knowledge of concealed tyres. The appellants had conducted due KYC verification, and any alleged lapses under CBLR, 2018 were to be addressed in separate regulatory proceedings. As no offence under the Customs Act was established, the appeals were allowed. en-us Mon, 24 Nov 2025 00:00:00 +0530 Wed, 26 Nov 2025 08:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782186 CESTAT set aside penalties imposed on the appellant Customs Broker and its employee under Sections 112(a)(i) and 114AA of the Customs Act, 1962. The Tribunal held that for such penalties, it must be shown that the appellants' acts rendered the goods liable to confiscation and that they intentionally made false statements or submitted incorrect documents. No evidence showed their connivance with the importer in mis-declaration or knowledge of concealed tyres. The appellants had conducted due KYC verification, and any alleged lapses under CBLR, 2018 were to be addressed in separate regulatory proceedings. As no offence under the Customs Act was established, the appeals were allowed. Case-Laws Customs Mon, 24 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782186