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    <title>1997 (4) TMI 216 - CEGAT, MADRAS</title>
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    <description>The Tribunal upheld the duty demand but reduced the penalty on the company to Rs. 15,000 and set aside the penalty on the Director due to lack of evidence of intentional violations. The judgment emphasized the acknowledgment of duty liability, the dispute over penalties, and the considerations leading to the reduction and setting aside of penalties based on the circumstances and legal provisions.</description>
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    <pubDate>Wed, 23 Apr 1997 00:00:00 +0530</pubDate>
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      <description>The Tribunal upheld the duty demand but reduced the penalty on the company to Rs. 15,000 and set aside the penalty on the Director due to lack of evidence of intentional violations. The judgment emphasized the acknowledgment of duty liability, the dispute over penalties, and the considerations leading to the reduction and setting aside of penalties based on the circumstances and legal provisions.</description>
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