https://www.taxtmi.com/caselaws?id=121060 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the appellant in a case involving the mis-declaration of an imported consignment of Natural Rubber RSS-I as RSS-II. The Tribunal found the appellant's actions to be genuine as they had contracted for RSS-I grade and relied on the supplier's information. With no evidence of the appellant's involvement in the mis-declaration, the Tribunal set aside the confiscation and penalty, providing consequential relief. The judgment emphasizes the significance of genuine intent in import transactions and the impact of supplier errors on importers. en-us Tue, 25 Jul 2006 00:00:00 +0530 Thu, 26 Jul 2012 13:03:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121060 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the appellant in a case involving the mis-declaration of an imported consignment of Natural Rubber RSS-I as RSS-II. The Tribunal found the appellant's actions to be genuine as they had contracted for RSS-I grade and relied on the supplier's information. With no evidence of the appellant's involvement in the mis-declaration, the Tribunal set aside the confiscation and penalty, providing consequential relief. The judgment emphasizes the significance of genuine intent in import transactions and the impact of supplier errors on importers. Case-Laws Customs Tue, 25 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121060