https://www.taxtmi.com/caselaws?id=93452 The court upheld the confiscation of goods, fines, and penalties imposed on appellants for deliberate misdeclaration in shipping bills. Confessional statements made by the appellants were deemed credible despite retractions, supported by evidence. Penalties were reduced for the firm in one order due to specific circumstances, while penalties on individuals were maintained. The judgment underscores the significance of accurate goods declaration, emphasizing accountability in international trade practices and consequences of misdeclaration. en-us Mon, 13 Mar 2000 00:00:00 +0530 Fri, 11 Nov 2011 14:41:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93452 The court upheld the confiscation of goods, fines, and penalties imposed on appellants for deliberate misdeclaration in shipping bills. Confessional statements made by the appellants were deemed credible despite retractions, supported by evidence. Penalties were reduced for the firm in one order due to specific circumstances, while penalties on individuals were maintained. The judgment underscores the significance of accurate goods declaration, emphasizing accountability in international trade practices and consequences of misdeclaration. Case-Laws Customs Mon, 13 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93452