Penalty Reduced for Mis-declaration Errors in Import Case, No Fraud Intent Found by Staff on Bill of Entry.

Penalty Reduced for Mis-declaration Errors in Import Case, No Fraud Intent Found by Staff on Bill of Entry. https://www.taxtmi.com/highlights?id=21769 Mis-declaration of value as well as quantity of import goods - No intent to defraud the Revenue is forthcoming. There is a mistake in describing the quantity on the part of the staff handling file of Bill of Entry - demand of duty confirmed - penalty reduced to ₹ 10000/- - AT en-us Thu, 12 Feb 2015 12:01:59 +0530 Thu, 12 Feb 2015 12:01:59 +0530 TaxTMI RSS Generator Penalty Reduced for Mis-declaration Errors in Import Case, No Fraud Intent Found by Staff on Bill of Entry. https://www.taxtmi.com/highlights?id=21769 Mis-declaration of value as well as quantity of import goods - No intent to defraud the Revenue is forthcoming. There is a mistake in describing the quantity on the part of the staff handling file of Bill of Entry - demand of duty confirmed - penalty reduced to ₹ 10000/- - AT Highlights Customs Thu, 12 Feb 2015 12:01:59 +0530 https://www.taxtmi.com/highlights?id=21769