https://www.taxtmi.com/caselaws?id=94045 A bill of entry describing imported diamonds as rough diamonds was found inconsistent with the certificate of origin and other surrounding material showing the goods were worked, so the declaration was treated as incorrect and the goods were liable to confiscation for misdeclaration. The penalty was nevertheless set aside because the surrounding circumstances, including the disclosure in the certificate of origin, were considered relevant in assessing culpability. Re-export of the goods was permitted on payment of a reduced redemption fine, reflecting a moderated response despite the confiscation finding. en-us Sat, 02 Sep 2000 00:00:00 +0530 Fri, 18 Nov 2011 16:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94045 A bill of entry describing imported diamonds as rough diamonds was found inconsistent with the certificate of origin and other surrounding material showing the goods were worked, so the declaration was treated as incorrect and the goods were liable to confiscation for misdeclaration. The penalty was nevertheless set aside because the surrounding circumstances, including the disclosure in the certificate of origin, were considered relevant in assessing culpability. Re-export of the goods was permitted on payment of a reduced redemption fine, reflecting a moderated response despite the confiscation finding. Case-Laws Customs Sat, 02 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94045