https://www.taxtmi.com/caselaws?id=80500 The Tribunal upheld the confiscation of seized goods (pairs of ladies boot uppers with Polyurethane foam) and imposed a redemption fine of Rs. 1,20,000/- and a personal penalty of Rs. 50,000/- on the appellants for incorrect declaration of materials used in manufacturing, which led to evasion of customs duty under Section 111 of the Customs Act. The appellants' reliance on Import-Export Policy norms for material declaration was deemed inappropriate, and their failure to account for wastage and rejection during manufacturing was not accepted. The Tribunal found intent to evade customs duty and upheld the penalties imposed. en-us Thu, 22 Feb 1990 00:00:00 +0530 Fri, 17 Jun 2011 12:55:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80500 The Tribunal upheld the confiscation of seized goods (pairs of ladies boot uppers with Polyurethane foam) and imposed a redemption fine of Rs. 1,20,000/- and a personal penalty of Rs. 50,000/- on the appellants for incorrect declaration of materials used in manufacturing, which led to evasion of customs duty under Section 111 of the Customs Act. The appellants' reliance on Import-Export Policy norms for material declaration was deemed inappropriate, and their failure to account for wastage and rejection during manufacturing was not accepted. The Tribunal found intent to evade customs duty and upheld the penalties imposed. Case-Laws Customs Thu, 22 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80500