https://www.taxtmi.com/caselaws?id=121358 The Appellate Tribunal partially allowed the appeal in a case involving the misdeclaration of imported goods. The classification of the goods under CTH 54076900 was upheld, leading to duty demands and confiscation liability. However, based on the importers' bona fide belief, no penalty or confiscation was imposed. The Tribunal set aside the confiscation, redemption fine, and penalties, maintaining the duty determined and clearance under DFRC. The judgment was pronounced on 4-7-2006. en-us Tue, 04 Jul 2006 00:00:00 +0530 Mon, 30 Jul 2012 11:33:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121358 The Appellate Tribunal partially allowed the appeal in a case involving the misdeclaration of imported goods. The classification of the goods under CTH 54076900 was upheld, leading to duty demands and confiscation liability. However, based on the importers' bona fide belief, no penalty or confiscation was imposed. The Tribunal set aside the confiscation, redemption fine, and penalties, maintaining the duty determined and clearance under DFRC. The judgment was pronounced on 4-7-2006. Case-Laws Customs Tue, 04 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121358