https://www.taxtmi.com/caselaws?id=273819 Fine in lieu of confiscation of prohibited goods was reduced after considering the value of the goods and the plea of heavy demurrage, while the fine imposed on goods used to conceal the prohibited goods was upheld as reasonable. The penalties imposed on the partnership firm and its two partners were also reduced on the totality of facts and circumstances. The challenge was confined to the quantum of fine and penalty, and the relief granted was partial reduction rather than full waiver. en-us Mon, 19 Apr 2010 00:00:00 +0530 Mon, 16 Jul 2018 14:13:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273819 Fine in lieu of confiscation of prohibited goods was reduced after considering the value of the goods and the plea of heavy demurrage, while the fine imposed on goods used to conceal the prohibited goods was upheld as reasonable. The penalties imposed on the partnership firm and its two partners were also reduced on the totality of facts and circumstances. The challenge was confined to the quantum of fine and penalty, and the relief granted was partial reduction rather than full waiver. Case-Laws Customs Mon, 19 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273819