https://www.taxtmi.com/caselaws?id=267449 The tribunal upheld the penalty imposed under Section 112(b) of the Customs Act against the appellant for intentionally misdeclaring the age of imported machinery as less than 10 years old when they were actually older. Despite the subsequent removal of the import restriction, the tribunal found the appellant complicit in the misdeclaration scheme to evade the law. Given the appellant's active involvement and deliberate manipulation of documents, the penalty was deemed appropriate considering the value of the goods involved. Consequently, all appeals were dismissed. en-us Mon, 07 Sep 2015 00:00:00 +0530 Thu, 05 Nov 2015 22:03:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267449 The tribunal upheld the penalty imposed under Section 112(b) of the Customs Act against the appellant for intentionally misdeclaring the age of imported machinery as less than 10 years old when they were actually older. Despite the subsequent removal of the import restriction, the tribunal found the appellant complicit in the misdeclaration scheme to evade the law. Given the appellant's active involvement and deliberate manipulation of documents, the penalty was deemed appropriate considering the value of the goods involved. Consequently, all appeals were dismissed. Case-Laws Customs Mon, 07 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267449