https://www.taxtmi.com/caselaws?id=208031 The Tribunal allowed one appeal and disposed of the other, reducing fines and penalties. The original authority was directed to re-calculate duty amounts and interest, with confiscation of goods upheld but fines reduced to Rs. 50,000. Penalty on the appellant was reduced to Rs. 50,000, and penalty on the Managing Director vacated. Stay petitions were also disposed of accordingly. en-us Tue, 29 Nov 2011 00:00:00 +0530 Tue, 06 Aug 2013 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208031 The Tribunal allowed one appeal and disposed of the other, reducing fines and penalties. The original authority was directed to re-calculate duty amounts and interest, with confiscation of goods upheld but fines reduced to Rs. 50,000. Penalty on the appellant was reduced to Rs. 50,000, and penalty on the Managing Director vacated. Stay petitions were also disposed of accordingly. Case-Laws Customs Tue, 29 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208031