https://www.taxtmi.com/caselaws?id=234155 The Tribunal modified the penalties imposed under Section 114 of the Customs Act, 1962, in response to the mis-declaration of goods and the confiscation of goods already exported. The penalties were reduced to Rs.50,000/- and Rs.75,000/- in the respective appeals due to the completed export of the goods, acknowledging the gravity of the offense while considering the circumstances of the case. The Tribunal upheld the impugned order with modifications, addressing the issues raised by the appellant and maintaining the essence of the decision. en-us Tue, 02 Apr 2013 00:00:00 +0530 Fri, 31 May 2013 06:31:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234155 The Tribunal modified the penalties imposed under Section 114 of the Customs Act, 1962, in response to the mis-declaration of goods and the confiscation of goods already exported. The penalties were reduced to Rs.50,000/- and Rs.75,000/- in the respective appeals due to the completed export of the goods, acknowledging the gravity of the offense while considering the circumstances of the case. The Tribunal upheld the impugned order with modifications, addressing the issues raised by the appellant and maintaining the essence of the decision. Case-Laws Customs Tue, 02 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234155