https://www.taxtmi.com/caselaws?id=371260 The court upheld the Customs Excise and Service Tax Appellate Tribunal's decision to reduce the penalty from Rs. 2 lakhs to Rs. 1 lakh. The appellant's import of hazardous waste without the necessary permits led to penalty imposition under Sections 111 & 112 of the Customs Act. Despite citing previous import history and legal precedents, the appellant's lack of mens rea was rejected due to changes in hazardous waste import policies. The court justified the penalty imposition in lieu of confiscation, considering the circumstances, and dismissed the appeal without costs. en-us Fri, 09 Nov 2018 00:00:00 +0530 Sat, 31 Aug 2019 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371260 The court upheld the Customs Excise and Service Tax Appellate Tribunal's decision to reduce the penalty from Rs. 2 lakhs to Rs. 1 lakh. The appellant's import of hazardous waste without the necessary permits led to penalty imposition under Sections 111 & 112 of the Customs Act. Despite citing previous import history and legal precedents, the appellant's lack of mens rea was rejected due to changes in hazardous waste import policies. The court justified the penalty imposition in lieu of confiscation, considering the circumstances, and dismissed the appeal without costs. Case-Laws Customs Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371260