https://www.taxtmi.com/caselaws?id=170435 The Tribunal set aside penalties of Rs. 25,000/- each imposed on CHAs for undervaluation and incomplete description of imported goods, ruling that penalties under the Customs Act were not sustainable. The appellants were found not liable for undervaluation as they filed bills of entry based on documents provided by the importer. The Tribunal emphasized that any action should be under CHALR, 2004, and highlighted the importance of specifying the provisions for imposing penalties. The appeals by the CHAs were allowed with consequential relief. en-us Thu, 23 Sep 2010 00:00:00 +0530 Wed, 27 May 2015 16:31:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170435 The Tribunal set aside penalties of Rs. 25,000/- each imposed on CHAs for undervaluation and incomplete description of imported goods, ruling that penalties under the Customs Act were not sustainable. The appellants were found not liable for undervaluation as they filed bills of entry based on documents provided by the importer. The Tribunal emphasized that any action should be under CHALR, 2004, and highlighted the importance of specifying the provisions for imposing penalties. The appeals by the CHAs were allowed with consequential relief. Case-Laws Customs Thu, 23 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170435