https://www.taxtmi.com/caselaws?id=110839 The Tribunal upheld the confiscation but reduced the redemption fine to Rs. 1,00,000 and the personal penalty to Rs. 10,000 due to deliberate misdeclaration of goods for duty drawback claim, aiming to balance penalties with the violation's nature and the drawback claimed. The decision emphasized the significance of accurate declaration for duty drawbacks and validated the penalties while slightly reducing them based on case specifics. en-us Tue, 13 Jan 2004 00:00:00 +0530 Wed, 18 Apr 2012 17:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110839 The Tribunal upheld the confiscation but reduced the redemption fine to Rs. 1,00,000 and the personal penalty to Rs. 10,000 due to deliberate misdeclaration of goods for duty drawback claim, aiming to balance penalties with the violation's nature and the drawback claimed. The decision emphasized the significance of accurate declaration for duty drawbacks and validated the penalties while slightly reducing them based on case specifics. Case-Laws Customs Tue, 13 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110839