https://www.taxtmi.com/caselaws?id=102507 The Appellate Tribunal reduced the fine imposed on Shri Fernandes to Rs. 1 lakh and set aside the penalty of Rs. 5 lakhs, deeming them unjustified due to discrepancies in the case. The Tribunal acknowledged the need for a joint hearing of the cross appeal filed by the Revenue against the remission of currency and penalty imposition. It dismissed the Revenue's miscellaneous application for reconsideration and rejected the application to remit the case for further investigation into the certificate's authenticity. The Tribunal recalled its earlier order to ensure a fair and comprehensive hearing of all relevant appeals for a just decision. en-us Fri, 21 Jun 2002 00:00:00 +0530 Wed, 15 Feb 2012 11:33:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102507 The Appellate Tribunal reduced the fine imposed on Shri Fernandes to Rs. 1 lakh and set aside the penalty of Rs. 5 lakhs, deeming them unjustified due to discrepancies in the case. The Tribunal acknowledged the need for a joint hearing of the cross appeal filed by the Revenue against the remission of currency and penalty imposition. It dismissed the Revenue's miscellaneous application for reconsideration and rejected the application to remit the case for further investigation into the certificate's authenticity. The Tribunal recalled its earlier order to ensure a fair and comprehensive hearing of all relevant appeals for a just decision. Case-Laws Customs Fri, 21 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102507