https://www.taxtmi.com/caselaws?id=374404 Penalty under the Customs Act could not be sustained where it was anchored to a provision of the Drugs and Cosmetics Act meant for criminal punishment and where no duty or interest had been determined against the person penalised. The penalty imposed on Sujath Ali was therefore set aside. For K. Saravanan, the record showed only that he lent his IEC number and signed import documents, without material proving knowledge of the fraud during the imports. On that footing, the penalty was found excessive and was reduced from Rs. 1 lakh to Rs. 50,000. en-us Tue, 29 Jan 2019 00:00:00 +0530 Fri, 21 Feb 2020 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374404 Penalty under the Customs Act could not be sustained where it was anchored to a provision of the Drugs and Cosmetics Act meant for criminal punishment and where no duty or interest had been determined against the person penalised. The penalty imposed on Sujath Ali was therefore set aside. For K. Saravanan, the record showed only that he lent his IEC number and signed import documents, without material proving knowledge of the fraud during the imports. On that footing, the penalty was found excessive and was reduced from Rs. 1 lakh to Rs. 50,000. Case-Laws Customs Tue, 29 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374404