CESTAT Reduces Personal Penalty in Decades-Old Customs Case

Yusuf Dhanani Vs Commissioner Of Customs (CESTAT Mumbai) CESTAT Mumbai reduces personal penalty on Yusuf Dhanani from ₹5 Lakhs to ₹2 Lakhs, citing voluntary offer and revised duty assessment in old customs case. Mumbai: The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai bench, has reduced a personal penalty imposed on Shri Yusuf Dhanani from Rupees five lakhs to Rupees two lakhs in a customs matter dating back approximately thirty years. The tribunal cited the appellant’s voluntary offer to restrict the penalty to this amount and a revised calculation of the duty...