https://www.taxtmi.com/caselaws?id=93599 The Tribunal upheld the penalty of Rs. 7 lacs imposed on the co-accused, citing role differentiation and requantification based on the assessable value. The penalty reduction was deemed appropriate and in line with the remand order, as the appellant did not challenge it. The appeal against the penalty imposition was rejected, affirming the proportionality of penalties on conspirators and the Commissioner's authority in requantifying penalties. en-us Tue, 23 May 2000 00:00:00 +0530 Mon, 14 Nov 2011 15:59:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93599 The Tribunal upheld the penalty of Rs. 7 lacs imposed on the co-accused, citing role differentiation and requantification based on the assessable value. The penalty reduction was deemed appropriate and in line with the remand order, as the appellant did not challenge it. The appeal against the penalty imposition was rejected, affirming the proportionality of penalties on conspirators and the Commissioner's authority in requantifying penalties. Case-Laws Customs Tue, 23 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93599