https://www.taxtmi.com/caselaws?id=332306 The Tribunal upheld the confiscation of imported diamonds due to mis-declaration and under-invoicing but reduced the redemption fine and penalty imposed on the importer. The excess goods were allowed for re-export after payment of the revised fines. The decision considered the appellant's claim of a genuine mistake by the supplier, acknowledging no malafide intention. Despite the reduction in penalties, the confiscation order was maintained, emphasizing that mis-declaration does not require mens rea. en-us Tue, 26 Jul 2016 00:00:00 +0530 Wed, 14 Sep 2016 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332306 The Tribunal upheld the confiscation of imported diamonds due to mis-declaration and under-invoicing but reduced the redemption fine and penalty imposed on the importer. The excess goods were allowed for re-export after payment of the revised fines. The decision considered the appellant's claim of a genuine mistake by the supplier, acknowledging no malafide intention. Despite the reduction in penalties, the confiscation order was maintained, emphasizing that mis-declaration does not require mens rea. Case-Laws Customs Tue, 26 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332306