https://www.taxtmi.com/caselaws?id=269486 The appeal against the penalty confirmed by the Commissioner (Appeals) was partly allowed. The redemption fine was reduced to Rs. 50,000 and the penalty to Rs. 10,000 from the initial amounts imposed. The appellant's argument as the actual user and having paid duty as per the enhanced value was considered, leading to a reduction in the penalties. The issue revolved around misdeclaration of goods as MS re-rollable scrap, which were found to be defective upon examination, impacting the penalty amounts imposed. en-us Fri, 21 Nov 2014 00:00:00 +0530 Tue, 15 Dec 2015 20:55:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269486 The appeal against the penalty confirmed by the Commissioner (Appeals) was partly allowed. The redemption fine was reduced to Rs. 50,000 and the penalty to Rs. 10,000 from the initial amounts imposed. The appellant's argument as the actual user and having paid duty as per the enhanced value was considered, leading to a reduction in the penalties. The issue revolved around misdeclaration of goods as MS re-rollable scrap, which were found to be defective upon examination, impacting the penalty amounts imposed. Case-Laws Customs Fri, 21 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269486