2023 (11) TMI 1280 - HC - Customs

Quantum of penalty - use of IEC code for import to be made by Sh. Rajan Arora - HELD THAT - It is the undisputed position that the appellant had lent the Importer Exporter Code IEC for the purposes of facilitating import. Bearing in mind the fact that there was no connivance, the CESTAT had found it fit to reduce the penalty imposed on the appellant from Rs. 12 lakhs to Rs.50,000/-. The appeal raises no question of law which would warrant consideration - Appeal dismissed.

Summary

The High Court of Delhi condoned a 51-day delay in filing the appeal. The Customs, Excise and Service Tax Appellate Tribunal reduced a penalty from Rs. 12 lakhs to Rs. 50,000 for facilitating import without connivance. The appeal was dismissed as it raised no legal questions.