https://www.taxtmi.com/caselaws?id=72841 The Tribunal upheld the legality of the confiscation of goods and penalty imposed under the Customs Act, 1962. It ruled that confiscation can apply even after goods are cleared for home consumption if there is misdeclaration, emphasizing that the act of misdeclaration remains an offense. The Tribunal clarified that the power to recover short-levied duties does not preclude confiscation, and misdeclaration leading to short-levy can result in confiscation. The appeal was dismissed, affirming the Collector of Customs' decision on confiscation and penalty. en-us Wed, 25 Feb 1987 00:00:00 +0530 Wed, 25 May 2011 14:19:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72841 The Tribunal upheld the legality of the confiscation of goods and penalty imposed under the Customs Act, 1962. It ruled that confiscation can apply even after goods are cleared for home consumption if there is misdeclaration, emphasizing that the act of misdeclaration remains an offense. The Tribunal clarified that the power to recover short-levied duties does not preclude confiscation, and misdeclaration leading to short-levy can result in confiscation. The appeal was dismissed, affirming the Collector of Customs' decision on confiscation and penalty. Case-Laws Customs Wed, 25 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72841