https://www.taxtmi.com/caselaws?id=355849 The Tribunal upheld penalties under Section 114(i) of the Customs Act, 1962 against two appellants involved in illegal Red Sanders export. Despite appellants' claims of legal procurement, evidence established their role in the illicit export scheme. The Tribunal reduced penalties for the main appellant and the second appellant to &8377; 5 lakhs and &8377; 2.5 lakhs, respectively, citing discrepancies in penalties imposed on other involved parties. Appeals were dismissed, affirming penalties with modifications in the interest of justice. en-us Wed, 07 Feb 2018 00:00:00 +0530 Tue, 20 Feb 2018 06:05:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355849 The Tribunal upheld penalties under Section 114(i) of the Customs Act, 1962 against two appellants involved in illegal Red Sanders export. Despite appellants' claims of legal procurement, evidence established their role in the illicit export scheme. The Tribunal reduced penalties for the main appellant and the second appellant to &8377; 5 lakhs and &8377; 2.5 lakhs, respectively, citing discrepancies in penalties imposed on other involved parties. Appeals were dismissed, affirming penalties with modifications in the interest of justice. Case-Laws Customs Wed, 07 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355849