https://www.taxtmi.com/caselaws?id=328212 The Tribunal upheld the Commissioner's decision regarding the misdeclaration of goods as "Zinc Ash" instead of "Zinc Dross," leading to duty and penalty imposition. Despite confirming the misdeclaration, the Tribunal acknowledged the Appellants' eligibility for a 25% penalty waiver under Section 114A of the Customs Act, 1962. Citing precedents from the Hon'ble Gujarat High Court, the Tribunal partially allowed the appeal by granting the penalty waiver to the Appellants, modifying the original order to reflect this benefit. en-us Wed, 25 May 2016 00:00:00 +0530 Sat, 28 May 2016 10:46:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328212 The Tribunal upheld the Commissioner's decision regarding the misdeclaration of goods as "Zinc Ash" instead of "Zinc Dross," leading to duty and penalty imposition. Despite confirming the misdeclaration, the Tribunal acknowledged the Appellants' eligibility for a 25% penalty waiver under Section 114A of the Customs Act, 1962. Citing precedents from the Hon'ble Gujarat High Court, the Tribunal partially allowed the appeal by granting the penalty waiver to the Appellants, modifying the original order to reflect this benefit. Case-Laws Customs Wed, 25 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328212