https://www.taxtmi.com/caselaws?id=211044 The Tribunal upheld the penalty reversal but restored the confiscation order for rough diamonds imported without a Kimberly Process Certificate. The Respondents were not found to have wilfully violated import regulations, leading to the decision to maintain the penalty reversal. Compliance with Multi National Agreements on rough diamond imports was emphasized, with the importance of adhering to Kimberly Process Certificate requirements highlighted. The judgment underscored the necessity of upholding international agreements while acknowledging the lack of intentional wrongdoing by the Respondents. en-us Fri, 03 Feb 2012 00:00:00 +0530 Sat, 04 Jan 2014 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211044 The Tribunal upheld the penalty reversal but restored the confiscation order for rough diamonds imported without a Kimberly Process Certificate. The Respondents were not found to have wilfully violated import regulations, leading to the decision to maintain the penalty reversal. Compliance with Multi National Agreements on rough diamond imports was emphasized, with the importance of adhering to Kimberly Process Certificate requirements highlighted. The judgment underscored the necessity of upholding international agreements while acknowledging the lack of intentional wrongdoing by the Respondents. Case-Laws Customs Fri, 03 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211044