https://www.taxtmi.com/caselaws?id=244380 The appellant was found guilty of misdeclaration and misclassification of goods, undervaluation, and deliberate evasion of customs duty. The penalty of Rs.1.50 lakhs imposed under Section 112(a) of the Customs Act, 1962, was upheld by the Tribunal, despite the appellant's arguments against it. The majority opinion concluded that the misdeclaration and undervaluation were deliberate, justifying the penalty and rejecting the appeal. en-us Thu, 19 Dec 2013 00:00:00 +0530 Mon, 01 Jun 2015 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244380 The appellant was found guilty of misdeclaration and misclassification of goods, undervaluation, and deliberate evasion of customs duty. The penalty of Rs.1.50 lakhs imposed under Section 112(a) of the Customs Act, 1962, was upheld by the Tribunal, despite the appellant's arguments against it. The majority opinion concluded that the misdeclaration and undervaluation were deliberate, justifying the penalty and rejecting the appeal. Case-Laws Customs Thu, 19 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244380