https://www.taxtmi.com/caselaws?id=202499 The tribunal found that the appellants were not liable for mis-declaration of goods quality or violation of the DGFT notification as they acted in good faith and were not the original importers. However, they were held accountable for mis-declaration of value but had their redemption fine reduced to Rs. 1.00 lakh and penalty to Rs. 50,000 due to mitigating circumstances. Consequently, the appeal was partly allowed in favor of the present importers. en-us Thu, 12 Aug 2010 00:00:00 +0530 Thu, 27 Jan 2011 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202499 The tribunal found that the appellants were not liable for mis-declaration of goods quality or violation of the DGFT notification as they acted in good faith and were not the original importers. However, they were held accountable for mis-declaration of value but had their redemption fine reduced to Rs. 1.00 lakh and penalty to Rs. 50,000 due to mitigating circumstances. Consequently, the appeal was partly allowed in favor of the present importers. Case-Laws Customs Thu, 12 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202499