https://www.taxtmi.com/caselaws?id=331542 The Tribunal upheld the penalty imposed on the appellant for incorrectly claiming exemption on imported goods that did not qualify for the concession. Despite the appellant's explanation of a courier agent's mistake and subsequent rectification of duty liability, the Tribunal found the repeated ineligible claims cast doubt on the appellant's oversight. The penalty was reduced from Rs. 1 lakh to Rs. 10,000 due to the appellant's prompt corrective actions, emphasizing the importance of justice in the case. The appeal was dismissed, with only the penalty amount modified. en-us Wed, 20 Jul 2016 00:00:00 +0530 Fri, 18 Nov 2016 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331542 The Tribunal upheld the penalty imposed on the appellant for incorrectly claiming exemption on imported goods that did not qualify for the concession. Despite the appellant's explanation of a courier agent's mistake and subsequent rectification of duty liability, the Tribunal found the repeated ineligible claims cast doubt on the appellant's oversight. The penalty was reduced from Rs. 1 lakh to Rs. 10,000 due to the appellant's prompt corrective actions, emphasizing the importance of justice in the case. The appeal was dismissed, with only the penalty amount modified. Case-Laws Customs Wed, 20 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331542