https://www.taxtmi.com/caselaws?id=80853 The Tribunal upheld the penalty imposed on M/s. Mody Brothers for their involvement in abetting the misdeclaration of imported goods, reducing it from Rs. 5000.00 to Rs. 2500.00. The appeal was rejected, except for the penalty reduction, emphasizing the seriousness of the offense and principles of justice. The judgment highlighted that incorrect mention of legal provisions does not invalidate proceedings if there is a valid basis for the order, citing legal precedents and the Supreme Court's decision in J.K. Steel Ltd. v. Union of India. en-us Thu, 13 Sep 1990 00:00:00 +0530 Mon, 20 Jun 2011 17:17:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80853 The Tribunal upheld the penalty imposed on M/s. Mody Brothers for their involvement in abetting the misdeclaration of imported goods, reducing it from Rs. 5000.00 to Rs. 2500.00. The appeal was rejected, except for the penalty reduction, emphasizing the seriousness of the offense and principles of justice. The judgment highlighted that incorrect mention of legal provisions does not invalidate proceedings if there is a valid basis for the order, citing legal precedents and the Supreme Court's decision in J.K. Steel Ltd. v. Union of India. Case-Laws Customs Thu, 13 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80853