https://www.taxtmi.com/caselaws?id=109902 Misdeclaration of export goods justified monetary consequences, but the absence of any finding that the exporters had exceeded the relevant quota or acted with mala fide intent meant the original redemption fine and penalty were excessive. The goods were not chargeable to duty, and the declaration was made on the basis of the foreign buyers' purchase order. In those circumstances, deliberate misdeclaration was not established, so the redemption fine and penalty were reduced. en-us Mon, 30 Jun 2003 00:00:00 +0530 Thu, 12 Apr 2012 17:19:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109902 Misdeclaration of export goods justified monetary consequences, but the absence of any finding that the exporters had exceeded the relevant quota or acted with mala fide intent meant the original redemption fine and penalty were excessive. The goods were not chargeable to duty, and the declaration was made on the basis of the foreign buyers' purchase order. In those circumstances, deliberate misdeclaration was not established, so the redemption fine and penalty were reduced. Case-Laws Customs Mon, 30 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109902