https://www.taxtmi.com/caselaws?id=438742 The Tribunal modified the impugned order by significantly reducing the penalties imposed on the appellant, citing the lack of clear findings against him and the lower penalties imposed on other noticees by the Settlement Commission. The penalties under Sections 112(a) and 114AA of the Customs Act, 1962 were reduced from Rs.50,000/- to Rs.1,000/- and from Rs.1,00,000/- to Rs.5,000/-, respectively. The appeal was disposed of accordingly. en-us Thu, 12 Jan 2023 00:00:00 +0530 Thu, 08 Jun 2023 01:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438742 The Tribunal modified the impugned order by significantly reducing the penalties imposed on the appellant, citing the lack of clear findings against him and the lower penalties imposed on other noticees by the Settlement Commission. The penalties under Sections 112(a) and 114AA of the Customs Act, 1962 were reduced from Rs.50,000/- to Rs.1,000/- and from Rs.1,00,000/- to Rs.5,000/-, respectively. The appeal was disposed of accordingly. Case-Laws Customs Thu, 12 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438742