https://www.taxtmi.com/caselaws?id=123635 The Tribunal allowed Appeal No. 255/05 and partially allowed Appeal Nos. 256 and 257/2005 by reducing the redemption fine and penalty amounts imposed for misdeclaration of imported goods. The judgment underscores the significance of accurate declaration to prevent penalties and confiscation under the Customs Act, emphasizing the necessity of diligence in providing correct information in Bills of Entry to avert legal repercussions. en-us Tue, 05 Feb 2008 00:00:00 +0530 Tue, 18 Sep 2012 16:15:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123635 The Tribunal allowed Appeal No. 255/05 and partially allowed Appeal Nos. 256 and 257/2005 by reducing the redemption fine and penalty amounts imposed for misdeclaration of imported goods. The judgment underscores the significance of accurate declaration to prevent penalties and confiscation under the Customs Act, emphasizing the necessity of diligence in providing correct information in Bills of Entry to avert legal repercussions. Case-Laws Central Excise Tue, 05 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123635