2000 (8) TMI 818 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Kolkata allowed the appeal by M/s. D.G. Electronics, setting aside the penalty of Rs. 5 lakhs imposed under Section 112 of the Customs Act, 1962. The Tribunal found no evidence linking the appellants with the imported materials, ruling that the penalty could not be imposed based on assumption.