https://www.taxtmi.com/caselaws?id=173776 The Tribunal allowed the appeals of two appellants in a case involving misdeclaration of imported goods in a Special Economic Zone (SEZ). The appellants imported goods for manufacturing purposes, but discrepancies were found in the declared condition. The Tribunal ruled that misdeclaration was not proven to evade customs duty, as no duty was levied on SEZ imports. It was held that the Commissioner lacked jurisdiction over SEZ goods, and therefore, the confiscation, redemption fine, and penalties imposed were unjustified. The Tribunal set aside the orders, emphasizing adherence to SEZ-specific regulations and the unique status of SEZs. en-us Wed, 10 Sep 2014 00:00:00 +0530 Tue, 22 Sep 2015 14:42:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173776 The Tribunal allowed the appeals of two appellants in a case involving misdeclaration of imported goods in a Special Economic Zone (SEZ). The appellants imported goods for manufacturing purposes, but discrepancies were found in the declared condition. The Tribunal ruled that misdeclaration was not proven to evade customs duty, as no duty was levied on SEZ imports. It was held that the Commissioner lacked jurisdiction over SEZ goods, and therefore, the confiscation, redemption fine, and penalties imposed were unjustified. The Tribunal set aside the orders, emphasizing adherence to SEZ-specific regulations and the unique status of SEZs. Case-Laws Customs Wed, 10 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173776