Tribunal Overturns Penalty Against Managing Director, Finds No Deliberate Duty Evasion Intent Under Section 112(a)(ii)

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....CESTAT allowed the appeal, setting aside the penalty imposed on the former Managing Director under section 112(a)(ii) of the Customs Act. The tribunal held that imposing a penalty requires a conscious exercise of duty evasion, and based on precedent from Kerala HC, the penalty against the Former MD could not be sustained. The original order imposing the penalty was consequently nullified, effectively exonerating the Former MD from the customs duty evasion charges.....