https://www.taxtmi.com/caselaws?id=402067 The Tribunal allowed the appeal in part, granting permission for re-export and reducing penalties imposed on the appellant under the Customs Act, 1962. The penalties were reduced to Rs. 1,00,000 for each count under relevant sections. The Tribunal emphasized the appellant's compliance with the re-export request and the Customs department's initiation of the re-export option, leading to the decision to lessen the financial burden on the appellant. en-us Wed, 16 Dec 2020 00:00:00 +0530 Fri, 15 Apr 2022 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402067 The Tribunal allowed the appeal in part, granting permission for re-export and reducing penalties imposed on the appellant under the Customs Act, 1962. The penalties were reduced to Rs. 1,00,000 for each count under relevant sections. The Tribunal emphasized the appellant's compliance with the re-export request and the Customs department's initiation of the re-export option, leading to the decision to lessen the financial burden on the appellant. Case-Laws Customs Wed, 16 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402067