https://www.taxtmi.com/caselaws?id=45083 The High Court overturned the acquittal and convicted the respondents for evading duty under the Customs Act, imposing fines as penalties for their actions. The company was fined Rs. 10,000, and its Managing Directors were fined Rs. 5,000 each. Failure to pay the fines within one month would result in one year of rigorous imprisonment. en-us Mon, 15 Mar 1999 00:00:00 +0530 Thu, 08 Jul 2010 12:10:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45083 The High Court overturned the acquittal and convicted the respondents for evading duty under the Customs Act, imposing fines as penalties for their actions. The company was fined Rs. 10,000, and its Managing Directors were fined Rs. 5,000 each. Failure to pay the fines within one month would result in one year of rigorous imprisonment. Case-Laws Customs Mon, 15 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45083