TMI Blog2011 (3) TMI 845X X X X Extracts X X X X X X X X Extracts X X X X ..... powers ordered reduction in fine and also reduced penalty - Such being exercise of discretionary power, no question of law arising - Appeal is therefore, dismissed. - 1088 of 2010 - - - Dated:- 16-3-2011 - Akil Kureshi and Sonia Gokani, JJ. REPRESENTED BY : Ms. Amee Yajnik, Senior Standing Counsel, for the Appellant. None, for the Respondent. [Order per : Akil Kureshi, J. (Oral)]. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... red by the importer? 2. Respondent, a non-resident of India who was travelling from India to Dubai with his family was found carrying Indian currency of Rs. 1,15,000/-. Finding that such action was not permissible. Customs Authorities confiscated entire amount under Section 111 of the Customs Act and also imposed penalty under Section 112 of the Act of Rs. 10,000/-. Respondent carried the issue ..... X X X X Extracts X X X X X X X X Extracts X X X X
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