https://www.taxtmi.com/caselaws?id=236251 The Tribunal affirmed the imposition of penalties and redemption fine for misdeclaration of goods, upholding the adjudication consequences. The penalty for misdeclaration in earlier consignments was reduced from Rs.10,00,000/- to Rs.7,50,000/- to maintain proportionality, with the appellant directed to pay Rs.1,50,000/- against each bill of entry. The decision emphasizes the importance of proportionality in penalty imposition for misdeclaration of goods, demonstrating a fair and reasoned approach in addressing the case's issues. en-us Wed, 01 May 2013 00:00:00 +0530 Wed, 21 Aug 2013 07:42:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236251 The Tribunal affirmed the imposition of penalties and redemption fine for misdeclaration of goods, upholding the adjudication consequences. The penalty for misdeclaration in earlier consignments was reduced from Rs.10,00,000/- to Rs.7,50,000/- to maintain proportionality, with the appellant directed to pay Rs.1,50,000/- against each bill of entry. The decision emphasizes the importance of proportionality in penalty imposition for misdeclaration of goods, demonstrating a fair and reasoned approach in addressing the case's issues. Case-Laws Customs Wed, 01 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236251