https://www.taxtmi.com/caselaws?id=245985 The Tribunal upheld the confiscation and imposition of a redemption fine and penalty in a case involving mis-declaration of export goods under the DEPB scheme. Despite the appellant's explanation of a factory worker's mistake, the Tribunal found the misdeclaration justified the penalties. The Tribunal differentiated this case from a previous decision, emphasizing that entire consignments are liable for confiscation upon misdeclaration. The redemption fine was reduced to Rs.1,50,000 and the penalty to Rs.1,07,000, considering the appellant's benefit. The appeal was disposed of accordingly. en-us Mon, 24 Feb 2014 00:00:00 +0530 Tue, 18 Nov 2014 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245985 The Tribunal upheld the confiscation and imposition of a redemption fine and penalty in a case involving mis-declaration of export goods under the DEPB scheme. Despite the appellant's explanation of a factory worker's mistake, the Tribunal found the misdeclaration justified the penalties. The Tribunal differentiated this case from a previous decision, emphasizing that entire consignments are liable for confiscation upon misdeclaration. The redemption fine was reduced to Rs.1,50,000 and the penalty to Rs.1,07,000, considering the appellant's benefit. The appeal was disposed of accordingly. Case-Laws Customs Mon, 24 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245985