Mere Non-Disclosure without Deliberate Evasion Not Enough: CESTAT Quashes Rs. 2 Crore Penalty on Former Managing Director [Read Order]
CESTAT quashed the Rs. 2 crore penalty, ruling that mere non-disclosure without deliberate evasion does not justify punishment under customs law.
By Kavi Priya - On May 16, 2025 7:08 am - 2 mins read
The Delhi Principal Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that mere non-disclosure without a deliberate attempt to evade duty is insufficient to attract a penalty under Section 112(a)(ii) of the Customs Act and quashed a Rs. 2 crore penalty imposed on Rajesh Khosla, the former Managing Director of MMTC-PAMP…
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