https://www.taxtmi.com/caselaws?id=441972 The Tribunal reduced penalties imposed under Sections 112(a) and 114AA of the Customs Act, 1962, on the appellants involved in smuggling activities. The penalties were decreased from Rs. 10 lakhs to Rs. 5 lakhs each under Section 112(a) and from Rs. 25 lakhs to Rs. 10 lakhs each under Section 114AA. The appeals were partly allowed with the modified penalty amounts. en-us Mon, 21 Aug 2023 00:00:00 +0530 Tue, 22 Aug 2023 09:11:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441972 The Tribunal reduced penalties imposed under Sections 112(a) and 114AA of the Customs Act, 1962, on the appellants involved in smuggling activities. The penalties were decreased from Rs. 10 lakhs to Rs. 5 lakhs each under Section 112(a) and from Rs. 25 lakhs to Rs. 10 lakhs each under Section 114AA. The appeals were partly allowed with the modified penalty amounts. Case-Laws Customs Mon, 21 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441972