https://www.taxtmi.com/caselaws?id=80390 The Tribunal set aside the separate penalty imposed on ICIM for evasion of duty, ruling that penalties should be imposed under Section 112(i) for goods imported in contravention of regulations. The department's allegations of undervalued imports and non-declaration were not fully addressed due to time lapse and changes in the firm. Personal penalties on individual appellants were adjusted: Mr. Gonsalves' penalty abated due to his death, Mr. Mookherjee's penalty was reduced to Rs. 10,000, and Mr. Richford's penalty was reduced to Rs. 5,000. en-us Mon, 20 Nov 1989 00:00:00 +0530 Thu, 16 Jun 2011 15:23:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80390 The Tribunal set aside the separate penalty imposed on ICIM for evasion of duty, ruling that penalties should be imposed under Section 112(i) for goods imported in contravention of regulations. The department's allegations of undervalued imports and non-declaration were not fully addressed due to time lapse and changes in the firm. Personal penalties on individual appellants were adjusted: Mr. Gonsalves' penalty abated due to his death, Mr. Mookherjee's penalty was reduced to Rs. 10,000, and Mr. Richford's penalty was reduced to Rs. 5,000. Case-Laws Customs Mon, 20 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80390