https://www.taxtmi.com/caselaws?id=84956 The Tribunal upheld the Collector's decision to confiscate imported goods, impose a redemption fine of Rs. 3 lakhs, and a penalty of Rs. 50,000. The appellant's misdeclaration of goods as "Copper Scrap Birch" when they were prime copper wire, failure to obtain the required import license, undervaluation, and lack of good faith led to the dismissal of the appeal. The Tribunal found no grounds to interfere with the Collector's order, deeming the actions as a deliberate attempt to import prime copper wire without compliance, justifying the imposed penalties. en-us Fri, 01 Mar 1996 00:00:00 +0530 Mon, 01 Aug 2011 17:36:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84956 The Tribunal upheld the Collector's decision to confiscate imported goods, impose a redemption fine of Rs. 3 lakhs, and a penalty of Rs. 50,000. The appellant's misdeclaration of goods as "Copper Scrap Birch" when they were prime copper wire, failure to obtain the required import license, undervaluation, and lack of good faith led to the dismissal of the appeal. The Tribunal found no grounds to interfere with the Collector's order, deeming the actions as a deliberate attempt to import prime copper wire without compliance, justifying the imposed penalties. Case-Laws Customs Fri, 01 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84956