https://www.taxtmi.com/caselaws?id=82377 The tribunal upheld the penalty under Section 112(b)(i) of the Customs Act, 1962 against the appellant for his involvement in the importation of a car. Despite reducing the penalty amount, the tribunal found sufficient evidence to establish the appellant's responsibility for the importation, considering factors such as financial capability and tampering with the car model number. The appeal was rejected, and the penalty was reduced from Rs. 2 lakhs to Rs. 50,000, with absolute confiscation of the car. en-us Fri, 17 Jul 1992 00:00:00 +0530 Mon, 04 Jul 2011 16:45:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82377 The tribunal upheld the penalty under Section 112(b)(i) of the Customs Act, 1962 against the appellant for his involvement in the importation of a car. Despite reducing the penalty amount, the tribunal found sufficient evidence to establish the appellant's responsibility for the importation, considering factors such as financial capability and tampering with the car model number. The appeal was rejected, and the penalty was reduced from Rs. 2 lakhs to Rs. 50,000, with absolute confiscation of the car. Case-Laws Customs Fri, 17 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82377