https://www.taxtmi.com/caselaws?id=1169 The Tribunal upheld the confiscation of goods under the Customs Act due to misdeclaration for DEEC benefit. The imposition of redemption fine and penalty was reduced based on the lack of intentional duty evasion. The fine and penalty were decreased to Rs. 1,00,000 and Rs. 5,000, respectively, considering the factual circumstances and absence of misdeclaration of goods. The appeal was allowed to that extent. en-us Mon, 31 Jul 2006 00:00:00 +0530 Mon, 14 Apr 2008 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1169 The Tribunal upheld the confiscation of goods under the Customs Act due to misdeclaration for DEEC benefit. The imposition of redemption fine and penalty was reduced based on the lack of intentional duty evasion. The fine and penalty were decreased to Rs. 1,00,000 and Rs. 5,000, respectively, considering the factual circumstances and absence of misdeclaration of goods. The appeal was allowed to that extent. Case-Laws Customs Mon, 31 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1169