https://www.taxtmi.com/caselaws?id=210318 The Tribunal reduced the redemption fine to Rs.5,00,000 and penalties to Rs.2,00,000 on the appellant-company and Rs.1,00,000 on the Director, emphasizing the importance of past precedents and specific case facts in determining fines and penalties under the Customs Act, 1962. Failure to pay within thirty days would render the Commissioner (Appeals) order operative. en-us Fri, 29 Jul 2011 00:00:00 +0530 Wed, 08 Feb 2012 19:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210318 The Tribunal reduced the redemption fine to Rs.5,00,000 and penalties to Rs.2,00,000 on the appellant-company and Rs.1,00,000 on the Director, emphasizing the importance of past precedents and specific case facts in determining fines and penalties under the Customs Act, 1962. Failure to pay within thirty days would render the Commissioner (Appeals) order operative. Case-Laws Customs Fri, 29 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210318