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The text describes a case where two individuals were involved in the importation of goods and subsequent concealment of those goods. The first individual, Shri Rakesh Arora, was penalized for misdeclaration of goods and for causing prejudice to the interest of Revenue. The second individual, Shri Ashok Kumar Jha, was also penalized for his involvement in the activity. The case was taken to court, and both appeals were dismissed. The ruling was based on the oral evidence gathered during the investigation, which proved the connection of both individuals to the importation and concealment of the goods. The penalty imposed on both individuals was confirmed by the court.
In summary, the case involved two individuals who were involved in importing and concealing goods, leading to penalties for both. The ruling was based on the evidence gathered during the investigation, which established the connection of the individuals to the illegal activity. Both appeals were dismissed. The case highlights the importance of following importation regulations and the consequences of failing to do so.
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