Diamonds Confiscated for Under-Invoicing; Mens Rea Considered; Fine and Penalty Justified but Later Reduced.

Diamonds Confiscated for Under-Invoicing; Mens Rea Considered; Fine and Penalty Justified but Later Reduced. https://www.taxtmi.com/highlights?id=31209 Confiscation of consignment - under-invoicing of import of Diamonds - Bill of Entry not accompanied with packing list - The element of mens-rea is only parameter to decide the quantum of fine and penalty - confiscation justified - quantum of fine and penalty reduced. - AT en-us Wed, 14 Sep 2016 14:28:40 +0530 Wed, 14 Sep 2016 14:28:40 +0530 TaxTMI RSS Generator Diamonds Confiscated for Under-Invoicing; Mens Rea Considered; Fine and Penalty Justified but Later Reduced. https://www.taxtmi.com/highlights?id=31209 Confiscation of consignment - under-invoicing of import of Diamonds - Bill of Entry not accompanied with packing list - The element of mens-rea is only parameter to decide the quantum of fine and penalty - confiscation justified - quantum of fine and penalty reduced. - AT Highlights Customs Wed, 14 Sep 2016 14:28:40 +0530 https://www.taxtmi.com/highlights?id=31209