https://www.taxtmi.com/caselaws?id=238800 The court upheld the penalty imposition on the partners of a partnership firm for misdeclaration of export goods as old and used clothes when they were actually 100% Cotton Printed Plain Woven Vintage-Throw. Despite arguments against penalizing the partners, the judge found no grounds for leniency due to the discrepancy in declared goods and intent to avail higher drawback. The penalty on all three directors was upheld, rejecting stay applications and setting a deadline for penalty payment within six weeks. en-us Fri, 26 Apr 2013 00:00:00 +0530 Thu, 31 Oct 2013 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238800 The court upheld the penalty imposition on the partners of a partnership firm for misdeclaration of export goods as old and used clothes when they were actually 100% Cotton Printed Plain Woven Vintage-Throw. Despite arguments against penalizing the partners, the judge found no grounds for leniency due to the discrepancy in declared goods and intent to avail higher drawback. The penalty on all three directors was upheld, rejecting stay applications and setting a deadline for penalty payment within six weeks. Case-Laws Customs Fri, 26 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238800