https://www.taxtmi.com/caselaws?id=49181 The revision application was successful in reducing the penalty imposed under Section 116 of the Customs Act for short landing of goods. The penalty amount was adjusted to align with the duty involved, specifically reducing it from Rs. 4,13,000 to Rs. 2,10,000 based on the discrepancy highlighted by the applicants. The judgment clarified the carrier's liability in cases of pilferage on board a vessel, emphasizing the responsibility to safeguard goods until properly delivered. Additionally, the importance of proportionate penalty rates and adherence to legal procedures in penalty imposition was underscored, resulting in a revised penalty amount in accordance with the duty indicated in the show cause notice. en-us Wed, 14 Dec 1994 00:00:00 +0530 Thu, 12 Aug 2010 12:58:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49181 The revision application was successful in reducing the penalty imposed under Section 116 of the Customs Act for short landing of goods. The penalty amount was adjusted to align with the duty involved, specifically reducing it from Rs. 4,13,000 to Rs. 2,10,000 based on the discrepancy highlighted by the applicants. The judgment clarified the carrier's liability in cases of pilferage on board a vessel, emphasizing the responsibility to safeguard goods until properly delivered. Additionally, the importance of proportionate penalty rates and adherence to legal procedures in penalty imposition was underscored, resulting in a revised penalty amount in accordance with the duty indicated in the show cause notice. Case-Laws Customs Wed, 14 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49181