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Customs - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Levy of penalty CFS / Customs Cargo Service Provider (CCSP) = ...

Case Laws     Customs

December 8, 2023

Levy of penalty CFS / Customs Cargo Service Provider (CCSP) = Loss of revenue - on Smuggling - Red Sanders - Recovery of value of the lost goods from the Appellant - Once the appellant was bound by such undertaking as contemplated by Regulation 5(6) and having consciously accepted the fact that the goods worth Rs. 4,44,32,500/- have been stolen/pilfered, then certainly statutory obligation under Regulation 5(6) kicks in, so as to make the appellant liable to indemnify the said loss of goods which had occurred due to theft of the goods. - HC

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