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![Penalty Imposed u/s 112(b) of Customs Act for Confiscation of Seized Gold Bars due to Mere Presumption of Smuggling:Â CESTAT quashes Penalty [Read Order] Penalty Imposed u/s 112(b) of Customs Act for Confiscation of Seized Gold Bars due to Mere Presumption of Smuggling:Â CESTAT quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Penalty-Imposed-Customs-Act-Penalty-Customs-Confiscation-of-Seized-Gold-Bars-Seized-Gold-Bars-Gold-Bars-Presumption-of-Smuggling-Smuggling-CESTAT-quashes-Penalty-CESTAT-taxscan.jpg)
Penalty Imposed u/s 112(b) of Customs Act for Confiscation of Seized Gold Bars due to Mere Presumption of Smuggling:Â CESTAT quashes Penalty [Read Order]
The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the penalty for imposing under section 112(b) of the...


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