2013 (5) TMI 740

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..... involved in both the appeals and therefore both are taken up together for disposal. 2. Heard both sides and perused the records. 3. The learned counsel fairly submits that considering the matters are old one, he is only contesting the penalty of Rs.1,00,000/- in Appeal No. C/108/2004 and Rs.1,50,000/- in Appeal No. C/109/2004 imposed under Section 114 (i) of the Customs Act, 1962. The learned c .....

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..... tances of the case, we modify the impugned order insofar as by reducing the penalty to Rs.50,000/- (Rupees fifty thousand only) in Appeal No. C/108/2004 and Rs.75,000/- (Rupees seventy five thousand only) in Appeal No. C/109/2004 respectively and otherwise the impugned order is upheld. Both the appeals are disposed of in the above terms. (Operative portion of the order was pronounced in open cour .....

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