https://www.taxtmi.com/caselaws?id=258465 The Tribunal classified imported toys as falling under tariff heading 950349.09, requiring a Specific Import Licence, contrary to the appellant's classification under 950380.01. The Tribunal upheld the penalty under Section 112 of the Customs Act, but the Court set aside the penalty, emphasizing it should be for deliberate misconduct, not technical breaches made in good faith. The appellant's genuine belief in their classification warranted leniency, leading to the removal of the penalty. en-us Fri, 13 Mar 2015 00:00:00 +0530 Thu, 20 Aug 2015 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258465 The Tribunal classified imported toys as falling under tariff heading 950349.09, requiring a Specific Import Licence, contrary to the appellant's classification under 950380.01. The Tribunal upheld the penalty under Section 112 of the Customs Act, but the Court set aside the penalty, emphasizing it should be for deliberate misconduct, not technical breaches made in good faith. The appellant's genuine belief in their classification warranted leniency, leading to the removal of the penalty. Case-Laws Customs Fri, 13 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258465