https://www.taxtmi.com/caselaws?id=93971 The Tribunal upheld the imposition of redemption fines and penalties under section 112(a) of the Customs Act in a case involving the import of cars by individuals returning to India. Despite discrepancies in fines imposed by different Customs Commissioners, the Tribunal reduced the redemption fines to Rs. 3,00,000 in each case and imposed penalties of Rs. 1,00,000, considering valuation certificates and previous decisions. The appellants' argument for no penalty imposition was rejected, emphasizing the mandatory nature of penalties under section 112(a) when requirements are met. en-us Thu, 10 Aug 2000 00:00:00 +0530 Fri, 18 Nov 2011 11:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93971 The Tribunal upheld the imposition of redemption fines and penalties under section 112(a) of the Customs Act in a case involving the import of cars by individuals returning to India. Despite discrepancies in fines imposed by different Customs Commissioners, the Tribunal reduced the redemption fines to Rs. 3,00,000 in each case and imposed penalties of Rs. 1,00,000, considering valuation certificates and previous decisions. The appellants' argument for no penalty imposition was rejected, emphasizing the mandatory nature of penalties under section 112(a) when requirements are met. Case-Laws Customs Thu, 10 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93971