https://www.taxtmi.com/caselaws?id=267167 The Tribunal upheld the confiscation of goods due to mis-declaration and submission of a fake country of origin certificate. The redemption fine of Rs. 5 lakhs was maintained as no market inquiry details were provided. However, the penalty was reduced from Rs. 2 lakhs to Rs. 50,000 as it was considered excessive compared to the duty evaded. The appeal was dismissed except for the penalty modification. en-us Wed, 07 Oct 2015 00:00:00 +0530 Sat, 11 Feb 2017 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267167 The Tribunal upheld the confiscation of goods due to mis-declaration and submission of a fake country of origin certificate. The redemption fine of Rs. 5 lakhs was maintained as no market inquiry details were provided. However, the penalty was reduced from Rs. 2 lakhs to Rs. 50,000 as it was considered excessive compared to the duty evaded. The appeal was dismissed except for the penalty modification. Case-Laws Customs Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267167