https://www.taxtmi.com/caselaws?id=257484 The appellant contested allegations of mis-declaration of goods leading to confiscation and a penalty of Rs. 3,00,000. Despite evidence of mis-declaration, the appellant demonstrated efforts to rectify the error and willingness for goods to be auctioned. The adjudicating authority found the goods were mis-declared, making the appellant liable under the Customs Act 1962. The penalty was reduced to Rs. 2,00,000 due to lack of interest in re-export and indications of collusion. en-us Wed, 06 Aug 2014 00:00:00 +0530 Fri, 13 Mar 2015 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257484 The appellant contested allegations of mis-declaration of goods leading to confiscation and a penalty of Rs. 3,00,000. Despite evidence of mis-declaration, the appellant demonstrated efforts to rectify the error and willingness for goods to be auctioned. The adjudicating authority found the goods were mis-declared, making the appellant liable under the Customs Act 1962. The penalty was reduced to Rs. 2,00,000 due to lack of interest in re-export and indications of collusion. Case-Laws Customs Wed, 06 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257484