https://www.taxtmi.com/caselaws?id=87750 The Tribunal allowed the appeal in a case concerning misdeclaration of imported goods and penalty imposition under the Customs Act. The appellant's consignment, declared as wool waste, contained synthetic waste, leading to a penalty proposal by the Collector. The appellant argued good faith, denying misdeclaration and conspiracy with the supplier. Despite the Departmental Representative's contentions, the Tribunal found no evidence of deliberate wrongdoing, emphasizing the absence of mandatory penalty under Section 112 and ruling in favor of the appellant. The penalty imposition was set aside, and the appeal was allowed. en-us Tue, 07 Jan 1997 00:00:00 +0530 Sat, 10 Sep 2011 11:01:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87750 The Tribunal allowed the appeal in a case concerning misdeclaration of imported goods and penalty imposition under the Customs Act. The appellant's consignment, declared as wool waste, contained synthetic waste, leading to a penalty proposal by the Collector. The appellant argued good faith, denying misdeclaration and conspiracy with the supplier. Despite the Departmental Representative's contentions, the Tribunal found no evidence of deliberate wrongdoing, emphasizing the absence of mandatory penalty under Section 112 and ruling in favor of the appellant. The penalty imposition was set aside, and the appeal was allowed. Case-Laws Customs Tue, 07 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87750