1999 (10) TMI 531 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Kolkata upheld the imposition of a penalty of Rs. 1 lakh on the appellant under Section 112 of the Customs Act, 1962 for being involved in a case where contraband goods were found in a truck he was traveling in. The penalty was reduced to Rs. 10,000 considering the circumstances.