https://www.taxtmi.com/caselaws?id=81311 The appeal was allowed in favor of the appellants as the Tribunal found that they had acted under a bona fide belief regarding the imported goods, supported by a letter from the suppliers acknowledging the mistake. The Tribunal determined that mens rea was not established, leading to the setting aside of the penalty of Rs. 1,000 imposed by the Assistant Collector. Despite the penalty amount being below Rs. 10,000, the appeal was admitted due to the significant legal question involved in the case. en-us Fri, 03 May 1991 00:00:00 +0530 Thu, 23 Jun 2011 17:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81311 The appeal was allowed in favor of the appellants as the Tribunal found that they had acted under a bona fide belief regarding the imported goods, supported by a letter from the suppliers acknowledging the mistake. The Tribunal determined that mens rea was not established, leading to the setting aside of the penalty of Rs. 1,000 imposed by the Assistant Collector. Despite the penalty amount being below Rs. 10,000, the appeal was admitted due to the significant legal question involved in the case. Case-Laws Customs Fri, 03 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81311