https://www.taxtmi.com/caselaws?id=122735 The Tribunal ruled in favor of the appellant, setting aside the redemption fine and penalty imposed under Sections 125 and 112(a) of the Customs Act, 1962. The Tribunal found no mala fide intent in the appellant's misdeclaration of imported goods and concluded that there was no deliberate evasion of duty or violation of Foreign Trade Policy provisions. The appellant's submission of a Pre-Inspection Certificate post-discovery of the misdeclaration was considered reasonable, leading to the quashing of the penalty and fine. en-us Fri, 10 Aug 2007 00:00:00 +0530 Wed, 11 Apr 2018 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122735 The Tribunal ruled in favor of the appellant, setting aside the redemption fine and penalty imposed under Sections 125 and 112(a) of the Customs Act, 1962. The Tribunal found no mala fide intent in the appellant's misdeclaration of imported goods and concluded that there was no deliberate evasion of duty or violation of Foreign Trade Policy provisions. The appellant's submission of a Pre-Inspection Certificate post-discovery of the misdeclaration was considered reasonable, leading to the quashing of the penalty and fine. Case-Laws Customs Fri, 10 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122735