https://www.taxtmi.com/caselaws?id=125394 The tribunal modified the hefty fine and penalty imposed on an EOU for importing an undeclared quantity of fabrics, finding no evidence of wilful misdeclaration. While justifying the confiscation of excess goods, the tribunal reduced the fine from Rs. 9,00,000/- to Rs. 1.5 lakhs and the penalty from Rs. 1,00,000/- to Rs. 10,000/- due to the technical nature of the offense and lack of proof of intentional misdeclaration. en-us Wed, 22 Oct 2008 00:00:00 +0530 Tue, 23 Oct 2012 16:47:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125394 The tribunal modified the hefty fine and penalty imposed on an EOU for importing an undeclared quantity of fabrics, finding no evidence of wilful misdeclaration. While justifying the confiscation of excess goods, the tribunal reduced the fine from Rs. 9,00,000/- to Rs. 1.5 lakhs and the penalty from Rs. 1,00,000/- to Rs. 10,000/- due to the technical nature of the offense and lack of proof of intentional misdeclaration. Case-Laws Customs Wed, 22 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125394