https://www.taxtmi.com/caselaws?id=791325 Reduced penalty was not available where the penalty was imposed under Section 112(ii) of the Customs Act during the relevant period, because the reduced-penalty mechanism applied only where the governing statute expressly provided for that specific penalty provision. The document also notes that non-observance of notification conditions could justify confiscation and penalty, but the penalty under Section 112(ii) and the connected penalty under Rule 25(b) had to be re-determined within the statutory limits then in force, leading to fresh adjudication of the penalty issues. en-us Fri, 09 Jan 2026 00:00:00 +0530 Sat, 09 May 2026 07:13:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791325 Reduced penalty was not available where the penalty was imposed under Section 112(ii) of the Customs Act during the relevant period, because the reduced-penalty mechanism applied only where the governing statute expressly provided for that specific penalty provision. The document also notes that non-observance of notification conditions could justify confiscation and penalty, but the penalty under Section 112(ii) and the connected penalty under Rule 25(b) had to be re-determined within the statutory limits then in force, leading to fresh adjudication of the penalty issues. Case-Laws Customs Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791325