https://www.taxtmi.com/caselaws?id=107580 Misdeclaration of imported goods in the bill of entry as steel bars, despite documents showing alloy steel composition, renders the goods liable to confiscation under the Customs Act. The importer is required to declare the correct description and classification, and penalty may be imposed for such misdeclaration without proof of mens rea. While confiscability and liability to penalty are maintained, the monetary consequences may be moderated where the overall circumstances justify reduction. The operative legal point is that incorrect declaration of imported goods can attract confiscation and penalty, subject to adjustment of redemption fine and penalty on the facts. en-us Wed, 11 Jun 2003 00:00:00 +0530 Fri, 23 Mar 2012 15:14:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107580 Misdeclaration of imported goods in the bill of entry as steel bars, despite documents showing alloy steel composition, renders the goods liable to confiscation under the Customs Act. The importer is required to declare the correct description and classification, and penalty may be imposed for such misdeclaration without proof of mens rea. While confiscability and liability to penalty are maintained, the monetary consequences may be moderated where the overall circumstances justify reduction. The operative legal point is that incorrect declaration of imported goods can attract confiscation and penalty, subject to adjustment of redemption fine and penalty on the facts. Case-Laws Customs Wed, 11 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107580