https://www.taxtmi.com/caselaws?id=107192 The appellate tribunal reduced the penalty imposed on the appellant under Section 112(b) of the Customs Act from Rs. 1 lakh to Rs. 50,000, citing disparity in penalties imposed on other individuals involved in the case. Despite acknowledging the recovery of counterfeit currency from the appellant, the tribunal deemed the original penalty excessive and opted for a reduced amount, considering it more proportionate to the offense. The appeal was disposed of with the modified penalty amount. en-us Mon, 27 Jan 2003 00:00:00 +0530 Mon, 19 Mar 2012 14:00:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107192 The appellate tribunal reduced the penalty imposed on the appellant under Section 112(b) of the Customs Act from Rs. 1 lakh to Rs. 50,000, citing disparity in penalties imposed on other individuals involved in the case. Despite acknowledging the recovery of counterfeit currency from the appellant, the tribunal deemed the original penalty excessive and opted for a reduced amount, considering it more proportionate to the offense. The appeal was disposed of with the modified penalty amount. Case-Laws Customs Mon, 27 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107192