Chartered Accountant Cleared of Fraud Allegations Under Customs Act Section 112(a); No Penalty Imposed.

Penalty u/s 112(a) of the Customs Act, 1962 - allegation that Chartered Accountant (CA) has abetted the fraud - CA issued the Export Performance Certificate and Solvency Certificate - no role was played by him in so far as the imports and illegal diversion of the imported goods to local market are concerned. - No penalty. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X