https://www.taxtmi.com/caselaws?id=379749 The Tribunal found the monetary penalties imposed on the appellant and M/s Morepen Laboratories Ltd. were disproportionate to the technical contraventions. The penalty was reduced to Rs. 2,00,000, and the impugned order was modified accordingly. The Revision Petition filed by the respondent was deemed infructuous, and all three petitions were disposed of without costs awarded. en-us Wed, 24 Apr 2019 00:00:00 +0530 Tue, 07 May 2019 08:37:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379749 The Tribunal found the monetary penalties imposed on the appellant and M/s Morepen Laboratories Ltd. were disproportionate to the technical contraventions. The penalty was reduced to Rs. 2,00,000, and the impugned order was modified accordingly. The Revision Petition filed by the respondent was deemed infructuous, and all three petitions were disposed of without costs awarded. Case-Laws FEMA Wed, 24 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379749