https://www.taxtmi.com/caselaws?id=52240 The Tribunal set aside the penalty imposed on Shri Trilok Nath Mittal as he was not involved in dealing with the goods. However, Shri Pawan Kumar Gupta, found handling the Ball Bearings for sale, was held liable for a reduced penalty of Rs. 5 lakhs under Section 112(b) of the Customs Act, 1962. The judgment upheld the penalty on Shri Pawan Kumar Gupta and disposed of his appeal accordingly. en-us Mon, 07 Jul 2003 00:00:00 +0530 Mon, 04 Oct 2010 13:27:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52240 The Tribunal set aside the penalty imposed on Shri Trilok Nath Mittal as he was not involved in dealing with the goods. However, Shri Pawan Kumar Gupta, found handling the Ball Bearings for sale, was held liable for a reduced penalty of Rs. 5 lakhs under Section 112(b) of the Customs Act, 1962. The judgment upheld the penalty on Shri Pawan Kumar Gupta and disposed of his appeal accordingly. Case-Laws Customs Mon, 07 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52240