1999 (10) TMI 212 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Calcutta upheld the confiscation of foreign currency valued at Rs.13,73,667/- due to non-declaration by a Japanese national at Calcutta Airport. However, considering mitigating factors like poor English knowledge and no mala fide intent, the redemption fine was reduced from Rs.1 lakh to Rs.10,000 and the personal penalty from Rs.10,000 to Rs.2,000.