Customs Tribunal decision reducing penalty upheld by Supreme Court due to lack of evidence. No intervention grounds found. The Supreme Court upheld the Customs Tribunal's decision to reduce the penalty imposed by the Revenue from Rs. 6 lakhs to Rs. 50,000 due to the absence of ...
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Customs Tribunal decision reducing penalty upheld by Supreme Court due to lack of evidence. No intervention grounds found.
The Supreme Court upheld the Customs Tribunal's decision to reduce the penalty imposed by the Revenue from Rs. 6 lakhs to Rs. 50,000 due to the absence of evidence supporting clandestine removal. The Court found no grounds to intervene and did not award any costs.
The Supreme Court dismissed the appeal by the Revenue against the Customs Tribunal's order reducing the penalty from Rs. 6 lakhs to Rs. 50,000, citing no clandestine removal found. No interference by the Court is warranted. No costs ordered.
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