https://www.taxtmi.com/caselaws?id=456921 Reduction of penalty under Section 112(a) of the Customs Act was upheld because the Tribunal's finding was factual: the appellant had permitted use of the importer exporter code but was not shown to have actively connived in the import fraud. On that basis, the penalty had already been reduced from Rs. 12 lakhs to Rs. 50,000/-. The High Court found no question of law arising from those findings and declined appellate interference, leaving the reduced penalty undisturbed. en-us Mon, 20 Nov 2023 00:00:00 +0530 Mon, 05 May 2025 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456921 Reduction of penalty under Section 112(a) of the Customs Act was upheld because the Tribunal's finding was factual: the appellant had permitted use of the importer exporter code but was not shown to have actively connived in the import fraud. On that basis, the penalty had already been reduced from Rs. 12 lakhs to Rs. 50,000/-. The High Court found no question of law arising from those findings and declined appellate interference, leaving the reduced penalty undisturbed. Case-Laws Customs Mon, 20 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456921