2018 (5) TMI 69

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..... 21/2014 - Final Order Nos. A/76906-76961/KOL/2017
Customs
Dr. Satish Chandra, President and Shri V. Padmanabhan, Member (T) Shri S.C. Ratho and B. Singh, Consultants, for the Appellant. Shri S.K. Naskar, AC (AR), for the Respondent. ORDER [Order per : Justice Satish Chandra, President]. - All the present appeals have been filed by the assessee-appellants against the different orders, as .....

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..... educed the penalty and levied the penalty at the flat rate of 10%. Remaining order of the adjudicating authority passed by the Commissioner (Appeals) was upheld. Being aggrieved, the assessee-appellants have filed the present appeals. 4. With this background, we have heard Shri S.C. Ratho and Shri B. Singh, learned Consultants for the assessee-appellants and Shri S.K. Naskar, learned DR for .....

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..... the penalty, under Section 112 of the Customs Act, 1962, it appears that the Commissioner (Appeals) has made it uniform @ 10%, but in the peculiar facts and circumstances of the case, especially when the National Import Data was closely to the import value, the same appears to be on higher side. Therefore, we modify the impugned order by keeping in mind the doctrine of equity, justice and good con .....

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