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2009 (8) TMI 205 - BOMBAY HIGH COURTIt is the case of the petitioner that the penalty was imposed without complying with the requirements under Section 124 of the Customs Act, 1962. - Penalty of Rs. 20,000/- has been paid. It has also not been controverted by the respondents. In the light of that, the order imposing penalty of Rs. 20,000/- on the petitioner is set aside. The respondents within twelve weeks from today are directed to refund the amount of penalty of Rs. 20,000/- along with interest thereon
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