https://www.taxtmi.com/caselaws?id=114121 The Tribunal upheld the penalty imposed under Section 112 of the Customs Act for misdeclaration of imported watches. Despite the appellants' argument of abandoning the goods and not filing a Bill of Entry, the Tribunal found them liable for penal action due to importing prohibited goods with false brand names. The appeal against the penalty and confiscation of goods with fake trademarks was dismissed, emphasizing that penalties can still apply even if the goods are abandoned by the importer. en-us Tue, 14 Sep 2004 00:00:00 +0530 Fri, 11 May 2012 13:30:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114121 The Tribunal upheld the penalty imposed under Section 112 of the Customs Act for misdeclaration of imported watches. Despite the appellants' argument of abandoning the goods and not filing a Bill of Entry, the Tribunal found them liable for penal action due to importing prohibited goods with false brand names. The appeal against the penalty and confiscation of goods with fake trademarks was dismissed, emphasizing that penalties can still apply even if the goods are abandoned by the importer. Case-Laws Customs Tue, 14 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114121