https://www.taxtmi.com/caselaws?id=115496 The Tribunal set aside the confiscation of goods and penalties imposed under FEMA, 1999 and the Customs Act, 1962, in a case involving the mis-declaration of cashew nuts kernels. Due to discrepancies in examination reports and timing of events, the Tribunal gave the exporters and Customs House Agent (CHA) the benefit of doubt, revoking the penalties. The confiscation of packing materials was not separately addressed as the main issue of mis-declaration was not conclusively proven. Penalties imposed under Section 114(i) were also set aside due to lack of clear evidence, with the Tribunal favoring the appellants based on uncertainties in the case. en-us Tue, 28 Jun 2005 00:00:00 +0530 Wed, 30 May 2012 13:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115496 The Tribunal set aside the confiscation of goods and penalties imposed under FEMA, 1999 and the Customs Act, 1962, in a case involving the mis-declaration of cashew nuts kernels. Due to discrepancies in examination reports and timing of events, the Tribunal gave the exporters and Customs House Agent (CHA) the benefit of doubt, revoking the penalties. The confiscation of packing materials was not separately addressed as the main issue of mis-declaration was not conclusively proven. Penalties imposed under Section 114(i) were also set aside due to lack of clear evidence, with the Tribunal favoring the appellants based on uncertainties in the case. Case-Laws Customs Tue, 28 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115496