Relief for Bentley Motors: CESTAT Quashes ₹20 Lakh Penalty, Rules Exporter Not Liable for Importer’s Undervaluation

The CESTAT has quashed a ₹20 lakh penalty on Bentley Motors, ruling that an "exporter is not liable for an importer's undervaluation." The tribunal's decision provides a significant victory for the company. The ruling clarifies that a company cannot be penalized for the misdeeds of another person. The court's decision is a crucial reminder to all that they must be diligent in their dealings.