https://www.taxtmi.com/caselaws?id=96281 Penalty under Section 114 of the Customs Act was considered for a wrong tariff classification of reimported pharmaceutical goods, where the goods were otherwise correctly described in the bills of entry. The classification mistake was treated as a short-levy issue, but the importer later informed the department and voluntarily paid the duty with interest. Section 111(m) was found inapplicable because there was no material misdeclaration of the goods themselves, and voluntary discharge of the duty liability weighed against penal action. On that basis, the penalty was held not leviable and the impugned order was set aside. en-us Mon, 20 Nov 2000 00:00:00 +0530 Tue, 20 Dec 2011 15:46:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96281 Penalty under Section 114 of the Customs Act was considered for a wrong tariff classification of reimported pharmaceutical goods, where the goods were otherwise correctly described in the bills of entry. The classification mistake was treated as a short-levy issue, but the importer later informed the department and voluntarily paid the duty with interest. Section 111(m) was found inapplicable because there was no material misdeclaration of the goods themselves, and voluntary discharge of the duty liability weighed against penal action. On that basis, the penalty was held not leviable and the impugned order was set aside. Case-Laws Customs Mon, 20 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96281