https://www.taxtmi.com/caselaws?id=327756 The Tribunal held that there was no intention to evade duty or violate prohibitions in the case involving penalty imposition under Section 114 of the Customs Act 1962. The reclassification of goods was deemed a technical issue decided by Customs, not warranting a redemption fine or penalty. Proper classification and valuation were based on examination and market data, leading to the dismissal of the Department's appeal for a redemption fine. The Tribunal upheld the Order in Original, setting aside the Order in Appeal and ruling in favor of the appellant. en-us Mon, 21 Dec 2015 00:00:00 +0530 Thu, 20 Oct 2016 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327756 The Tribunal held that there was no intention to evade duty or violate prohibitions in the case involving penalty imposition under Section 114 of the Customs Act 1962. The reclassification of goods was deemed a technical issue decided by Customs, not warranting a redemption fine or penalty. Proper classification and valuation were based on examination and market data, leading to the dismissal of the Department's appeal for a redemption fine. The Tribunal upheld the Order in Original, setting aside the Order in Appeal and ruling in favor of the appellant. Case-Laws Customs Mon, 21 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327756