https://www.taxtmi.com/caselaws?id=170642 The revision application in the case concerning short landing quantity and penalty imposition under the Customs Act, 1962 was partially allowed. The penalty was reduced from Rs. 10,00,000 to Rs. 66,094 based on the revised shortlanded quantity of 26.572 MT after applying a 0.5% tolerance limit on the total cargo. The Government acknowledged natural losses and handling losses during transit, leading to the modification of the impugned orders and the disposal of the case accordingly. en-us Fri, 13 Dec 2013 00:00:00 +0530 Thu, 28 May 2015 11:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170642 The revision application in the case concerning short landing quantity and penalty imposition under the Customs Act, 1962 was partially allowed. The penalty was reduced from Rs. 10,00,000 to Rs. 66,094 based on the revised shortlanded quantity of 26.572 MT after applying a 0.5% tolerance limit on the total cargo. The Government acknowledged natural losses and handling losses during transit, leading to the modification of the impugned orders and the disposal of the case accordingly. Case-Laws Customs Fri, 13 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170642