https://www.taxtmi.com/caselaws?id=239820 Imported tyres that did not bear the prescribed BIS standard mark were treated as non-importable, but re-export was permitted because the importer promptly informed the authorities that the shipment had been wrongly sent by the foreign supplier and sought re-export before filing the bill of entry. On those facts, the later filing of the bill of entry was not treated as wilful misdeclaration of quality or value. Following earlier decisions on bona fide and prompt action in cases of wrong shipment, the Tribunal found that redemption fine and penalty were not justified. en-us Thu, 26 Sep 2013 00:00:00 +0530 Sat, 26 Apr 2014 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239820 Imported tyres that did not bear the prescribed BIS standard mark were treated as non-importable, but re-export was permitted because the importer promptly informed the authorities that the shipment had been wrongly sent by the foreign supplier and sought re-export before filing the bill of entry. On those facts, the later filing of the bill of entry was not treated as wilful misdeclaration of quality or value. Following earlier decisions on bona fide and prompt action in cases of wrong shipment, the Tribunal found that redemption fine and penalty were not justified. Case-Laws Customs Thu, 26 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239820