CESTAT Reduces Penalty in Old Case of Marble Import, Upholds Redemption Fine

Dinesh Pratapchand Shah Vs Commissioner of Customs (CESTAT Mumbai) CESTAT Mumbai reduces penalty on importer for lacking special license in 2000, citing failure to verify profit margin as directed & SC judgment; CESTAT Cuts Penalty for Marble Importer in Decades-Old Case; Tribunal Finds Directives on Profit Margin Verification Unfulfilled; CESTAT Reduces Penalty in Old Marble Case. Mumbai: The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Mumbai, has reduced the penalty imposed on an importer in a case dating back to 2000 concerning the import of rough marble slabs withou...