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Customs - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Penalty u/s 114 (i) and 114 (iii) of the Customs Act, 1962 - ...


Penalties under Customs Act Sections 114(i) & 114(iii) not inferred from familiarity in overvalued goods case.

November 19, 2018

Case Laws     Customs     AT

Penalty u/s 114 (i) and 114 (iii) of the Customs Act, 1962 - exports of overvalued and sub standards goods - Only on the basis of familiarity between the two, it cannot lead to inference of Appellant having committed any illegal act.

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