1997 (8) TMI 327 - AT - Customs

Extract:
.......nces, we are of the view that some reduction of penalty is merited in this case and accordingly, in the facts and circumstances of this case, we are of the view that ends of justice will be served if the penalty is reduced to Rs. 15 lakhs (Rupees Fifteen Lakhs only) and we order accordingly. But for this reduction the appeal is otherwise dismissed.