https://www.taxtmi.com/caselaws?id=247938 A courier agency was not liable to penalty for the importer's misdeclaration of value where it relied on the shipper's declared value and the Revenue produced no evidence of collusion, abetment, or lack of due diligence. The tribunal found no material showing failure to advise the client under regulation 13(b) or failure to verify the accuracy or completeness of information under regulation 13(c) of the Courier Import & Export (Clearance) Regulation, 1998. The agency's acceptance and declaration of the shipper's value was treated as bona fide, and the penalty under section 112(a) of the Customs Act, 1962 was held inapplicable. en-us Mon, 08 Apr 2013 00:00:00 +0530 Tue, 27 May 2014 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247938 A courier agency was not liable to penalty for the importer's misdeclaration of value where it relied on the shipper's declared value and the Revenue produced no evidence of collusion, abetment, or lack of due diligence. The tribunal found no material showing failure to advise the client under regulation 13(b) or failure to verify the accuracy or completeness of information under regulation 13(c) of the Courier Import & Export (Clearance) Regulation, 1998. The agency's acceptance and declaration of the shipper's value was treated as bona fide, and the penalty under section 112(a) of the Customs Act, 1962 was held inapplicable. Case-Laws Customs Mon, 08 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247938