https://www.taxtmi.com/caselaws?id=118049 The Appellate Tribunal CESTAT, Mumbai, allowed the appeal in a case involving the consideration of amendments to the IGM under the Customs Act. The Tribunal overturned the Commissioner's decision, ruling that penalties should only be imposed in cases involving fraudulent intent or substantial revenue implications. It emphasized the importance of assessing intent when confiscating goods under relevant sections of the Customs Act, ultimately providing consequential relief to the appellant. en-us Mon, 01 May 2006 00:00:00 +0530 Thu, 28 Jun 2012 11:28:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118049 The Appellate Tribunal CESTAT, Mumbai, allowed the appeal in a case involving the consideration of amendments to the IGM under the Customs Act. The Tribunal overturned the Commissioner's decision, ruling that penalties should only be imposed in cases involving fraudulent intent or substantial revenue implications. It emphasized the importance of assessing intent when confiscating goods under relevant sections of the Customs Act, ultimately providing consequential relief to the appellant. Case-Laws Customs Mon, 01 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118049