https://www.taxtmi.com/caselaws?id=198744 The High Court of Bombay upheld the decision of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) in a case involving the reduction of penalties while confirming the confiscation of goods. The Court found that the Tribunal had adequately considered the individual roles of the parties involved, leading to a justified reduction in penalties based on specific roles played. The Court emphasized the importance of providing reasoning for decisions and concluded that the Tribunal's decision was supported by the reasoning provided in the order. As a result, the Court dismissed the Revenue's appeals, affirming the penalty reduction by CESTAT. en-us Mon, 10 Apr 2017 00:00:00 +0530 Thu, 08 Feb 2018 07:44:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198744 The High Court of Bombay upheld the decision of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) in a case involving the reduction of penalties while confirming the confiscation of goods. The Court found that the Tribunal had adequately considered the individual roles of the parties involved, leading to a justified reduction in penalties based on specific roles played. The Court emphasized the importance of providing reasoning for decisions and concluded that the Tribunal's decision was supported by the reasoning provided in the order. As a result, the Court dismissed the Revenue's appeals, affirming the penalty reduction by CESTAT. Case-Laws Customs Mon, 10 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198744