https://www.taxtmi.com/caselaws?id=186743 The Tribunal found that the imposition of penalty under the Customs Act was unwarranted in a case involving the mis-declaration of imported goods. Despite the confiscation of goods due to hazardous waste mis-declaration, the appellant's lack of mens rea and proactive measures upon discovering the discrepancy led to the reduction of the redemption fine to 25,000 and the setting aside of the penalty. The Tribunal partially allowed the appeal based on the appellant's innocence in the mis-declaration and their prompt actions to address the issue. en-us Thu, 24 Sep 2015 00:00:00 +0530 Thu, 29 Sep 2016 08:54:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186743 The Tribunal found that the imposition of penalty under the Customs Act was unwarranted in a case involving the mis-declaration of imported goods. Despite the confiscation of goods due to hazardous waste mis-declaration, the appellant's lack of mens rea and proactive measures upon discovering the discrepancy led to the reduction of the redemption fine to 25,000 and the setting aside of the penalty. The Tribunal partially allowed the appeal based on the appellant's innocence in the mis-declaration and their prompt actions to address the issue. Case-Laws Customs Thu, 24 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186743