Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Appellant failed to comply with labelling requirements under Legal Metrology (Packaged Commodities) Rules, 2011 and Foreign Trade Policy 2009-2014 by not producing Registration Certificate upon goods' arrival, rendering goods liable for confiscation u/s 111(d) and penalty u/s 112(a) of Customs Act, 1962. CESTAT partly allowed appeal, reducing redemption fine to Rs.30,000/- and penalty to Rs.5,000/- considering procedural delay in obtaining Registration Certificate after goods' arrival.
Appellant failed to comply with labelling requirements under Legal Metrology (Packaged Commodities) Rules, 2011 and Foreign Trade Policy 2009-2014 by not producing Registration Certificate upon goods' arrival, rendering goods liable for confiscation u/s 111(d) and penalty u/s 112(a) of Customs Act, 1962. CESTAT partly allowed appeal, reducing redemption fine to Rs.30,000/- and penalty to Rs.5,000/- considering procedural delay in obtaining Registration Certificate after goods' arrival.
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