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of <h1>CESTAT Mumbai: Fine Reduced for Undervalued Imports, Penalties Set Aside</h1> <h3>HR. PATEL Versus COMMISSIONER OF CUSTOMS, AHMEDABAD</h3> HR. PATEL Versus COMMISSIONER OF CUSTOMS, AHMEDABAD - 2003 (156) E.L.T. 411 (Tri. - Mumbai) The Appellate Tribunal CESTAT, Mumbai found that the goods imported were undervalued and not old as claimed. The Commissioner imposed a fine of Rs. 10 lakhs for re-exportation and penalties totaling Rs. 6 lakhs. The appellants challenged the quantum of fine and penalty. The Tribunal reduced the fine to Rs. 2 lakhs and set aside the penalty as it was imposed under a different provision than stated in the show cause notice. The appeals were partly allowed.
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