Penalty u/s 112 against steamer agent unsustainable as relevant confiscation and duty liability set aside

Forbes and Company Limited Vs Commissioner of Customs (CESTAT Bangalore) CESTAT Bangalore held that penalty under section 112 of the Customs Act against steamer agent unsustainable as confiscation of the said vessel for alleged violations of chapter VI of Customs Act, 1962 as well as the duty liability arising from misuse of ‘ship stores’ and ‘bunkers’ set aside. Facts- The appellant, a steamer agent, Forbes and Company Limited, was also included in the proceedings initiated against M/s ASEAN Cableship Pte Ltd, Singapore, along with Too Talk Leong, by show cause notice proposing recove...