https://www.taxtmi.com/highlights?id=70194 Levy of penalty u/s 112(a) and u/s 114AA of the Customs Act, 1962 - allegation of abetment in undervaluation - evasion of Customs Duty by several syndicates of crane importers - no clear-cut findings against the appellant - The interest of justice will be met if penalty imposed on the appellant under Section 112(a) is reduced from Rs.50,000/- to Rs.1,000/- only and that under 114AA from Rs.1,00,000/- to Rs.5,000/- - AT en-us Thu, 08 Jun 2023 09:08:10 +0530 Thu, 08 Jun 2023 09:08:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70194 Levy of penalty u/s 112(a) and u/s 114AA of the Customs Act, 1962 - allegation of abetment in undervaluation - evasion of Customs Duty by several syndicates of crane importers - no clear-cut findings against the appellant - The interest of justice will be met if penalty imposed on the appellant under Section 112(a) is reduced from Rs.50,000/- to Rs.1,000/- only and that under 114AA from Rs.1,00,000/- to Rs.5,000/- - AT Highlights Customs Thu, 08 Jun 2023 09:08:10 +0530 https://www.taxtmi.com/highlights?id=70194