https://www.taxtmi.com/caselaws?id=76806 The Tribunal upheld a penalty of Rs.5.00 lakhs on the Importing Firm for misdeclaration of goods under the Customs Act. Penalties on individual appellants were reduced to match the Importing Firm's penalty, considering their roles in the business. The CHA Firm was not penalized as there was no evidence of connivance with the importer to evade duty payment. Appeals were disposed of accordingly. en-us Wed, 07 Oct 2009 00:00:00 +0530 Tue, 20 Jul 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76806 The Tribunal upheld a penalty of Rs.5.00 lakhs on the Importing Firm for misdeclaration of goods under the Customs Act. Penalties on individual appellants were reduced to match the Importing Firm's penalty, considering their roles in the business. The CHA Firm was not penalized as there was no evidence of connivance with the importer to evade duty payment. Appeals were disposed of accordingly. Case-Laws Customs Wed, 07 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76806