https://www.taxtmi.com/caselaws?id=208171 The High Court dismissed the appeal challenging the reduced penalty of Rs. 50,000 imposed by the Appellate Tribunal under Section 114 of the Customs Act, 1962. The Court found no substantial questions of law for examination and affirmed the Tribunal's decision, stating the appellant benefitted from the reduced penalty despite being found involved in abetting misdeclaration and over-valuation of goods. The penalty was upheld, emphasizing the appellant's role as an abettor in the exporter's actions. en-us Fri, 09 Oct 2009 00:00:00 +0530 Fri, 06 Jan 2012 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208171 The High Court dismissed the appeal challenging the reduced penalty of Rs. 50,000 imposed by the Appellate Tribunal under Section 114 of the Customs Act, 1962. The Court found no substantial questions of law for examination and affirmed the Tribunal's decision, stating the appellant benefitted from the reduced penalty despite being found involved in abetting misdeclaration and over-valuation of goods. The penalty was upheld, emphasizing the appellant's role as an abettor in the exporter's actions. Case-Laws Customs Fri, 09 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208171