https://www.taxtmi.com/caselaws?id=251946 The Court reduced the penalty imposed on the appellant, M.L. Chandra, from Rs. 3 lakhs to Rs. 2 lakhs, citing proportionality and circumstances surrounding his statement and hospitalization. The Court acknowledged discrepancies in penalties imposed on different individuals involved in fraudulent export activities and directed the balance amount to be deposited within a specified timeframe. The appeal was disposed of without costs, addressing issues regarding penalty imposition and the appellant's role in the fraudulent activities. en-us Mon, 15 Jul 2013 00:00:00 +0530 Mon, 06 Oct 2014 09:31:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251946 The Court reduced the penalty imposed on the appellant, M.L. Chandra, from Rs. 3 lakhs to Rs. 2 lakhs, citing proportionality and circumstances surrounding his statement and hospitalization. The Court acknowledged discrepancies in penalties imposed on different individuals involved in fraudulent export activities and directed the balance amount to be deposited within a specified timeframe. The appeal was disposed of without costs, addressing issues regarding penalty imposition and the appellant's role in the fraudulent activities. Case-Laws Customs Mon, 15 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251946