2008 (12) TMI 461

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..... Mohiddin, JDR, for the Respondent. [Order per : Jyoti Balasundaram, Vice-President]. In this case a penalty of Rs. 2 lakhs has been imposed on the appellant herein under the provision of Section 112(b) of the Customs Act, 1962 on the ground that the appellant took active part in disposing the mulberry raw silk imported by M/s. Sree Vee Textiles under DEEC scheme in contravention of the D .....

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..... ny merit in the contention for the reason that there is no doubt that the appellant was put on notice regarding the charge against him. No other argument is advanced before us. We, therefore, uphold the liability of the appellant to penal action. However, having regard to the totality of the facts and circumstances of the case, we reduce the penalty to Rs. 1,00,000/- (Rupees one lakh). Appeal thus .....

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