No Knowledge about Gold Concealed in Bags: CESTAT deletes Penalty u/s 112 of Customs Act [Read Order]

The appellant had never admitted that they had any knowledge during carrying of the gold in the bags
Customs Excise and Service Tax Appellate Tribunal - gold smuggling - taxscan

The Kolkata bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) rendered a decision to annul the penalty under Section 112 of the Customs Act, 1962, citing lack of knowledge regarding the concealed gold in bags. The incident unfolded when officers from DRI, Siliguri, Regional Unit, acting on intelligence, intercepted four…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader