Penalty for Misdeclaration u/s 114AA Overturned; Importers Not Liable for Shipper's Mistake. https://www.taxtmi.com/highlights?id=25890 Misdeclaration of goods - Penalty u/s 114AA - On coming to know the mistake they were able to explain the mistake. If the shipper made a mistake, the importer/CHA cannot be penalized for it. - AT en-us Fri, 13 Nov 2015 16:28:11 +0530 Fri, 13 Nov 2015 16:28:11 +0530 TaxTMI RSS Generator Penalty for Misdeclaration u/s 114AA Overturned; Importers Not Liable for Shipper's Mistake. https://www.taxtmi.com/highlights?id=25890 Misdeclaration of goods - Penalty u/s 114AA - On coming to know the mistake they were able to explain the mistake. If the shipper made a mistake, the importer/CHA cannot be penalized for it. - AT Highlights Customs Fri, 13 Nov 2015 16:28:11 +0530 https://www.taxtmi.com/highlights?id=25890