https://www.taxtmi.com/caselaws?id=98629 The Tribunal upheld the appellant's liability under Section 112(b) of the Customs Act for his involvement in the recovery of smuggled goods. The penalty imposed on the appellant was reduced to Rs. 2.5 lakhs from the initial amount of Rs. 25 lakhs, considering his role as a Manager and the penalty adjustment made for the owner of the company. The appeal was dismissed except for the modification in the penalty amount. en-us Tue, 07 Aug 2001 00:00:00 +0530 Sat, 21 Jan 2012 13:19:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98629 The Tribunal upheld the appellant's liability under Section 112(b) of the Customs Act for his involvement in the recovery of smuggled goods. The penalty imposed on the appellant was reduced to Rs. 2.5 lakhs from the initial amount of Rs. 25 lakhs, considering his role as a Manager and the penalty adjustment made for the owner of the company. The appeal was dismissed except for the modification in the penalty amount. Case-Laws Customs Tue, 07 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98629