https://www.taxtmi.com/caselaws?id=3131 The appeal was disposed of with the appellants being permitted to re-export the goods upon payment of the revised fine and penalty, without the need for additional duty payment. The Tribunal found the original fine and penalty imposed to be disproportionate and reduced them significantly based on the circumstances of the case. The decision was made considering the misdeclaration of goods by the importer and the corresponding penalty under the Customs Act. en-us Tue, 06 Nov 2007 00:00:00 +0530 Wed, 16 Apr 2008 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3131 The appeal was disposed of with the appellants being permitted to re-export the goods upon payment of the revised fine and penalty, without the need for additional duty payment. The Tribunal found the original fine and penalty imposed to be disproportionate and reduced them significantly based on the circumstances of the case. The decision was made considering the misdeclaration of goods by the importer and the corresponding penalty under the Customs Act. Case-Laws Customs Tue, 06 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3131