Penalty u/s 112(a) of Customs Act reduced as appellant behaved in good faith

Amit Nagi Vs Principal Commissioner of Customs (CESTAT Delhi)

CESTAT Delhi held that as evidenced, appellants believed Sh. Rajan Arora in good faith and were also not aware about the mis-declaration/ under-valuation of the goods imported. Hence, penalty u/s 112(a) of the Customs Act reduced from INR 12 Lakhs to INR 50,000.

Facts-

The appellant, Sh. Amit Nagi, proprietor of M/s Dev International and the other appellant Sh. Ravinder Puri i

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