https://www.taxtmi.com/caselaws?id=187193 The Tribunal affirmed the decision of the Commissioner (Appeal) to reduce the redemption fine and penalty imposed on the respondent for importing undervalued used tyres contravening import policy. Despite acknowledging the contravention of the law, the Tribunal found no malicious intent on the respondent's part and noted discrepancies in the loading of the goods' value. The Tribunal dismissed the revenue department's appeal, upholding the reduction of fines and penalties as per established law. en-us Mon, 03 Jul 2006 00:00:00 +0530 Thu, 13 Oct 2016 12:07:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187193 The Tribunal affirmed the decision of the Commissioner (Appeal) to reduce the redemption fine and penalty imposed on the respondent for importing undervalued used tyres contravening import policy. Despite acknowledging the contravention of the law, the Tribunal found no malicious intent on the respondent's part and noted discrepancies in the loading of the goods' value. The Tribunal dismissed the revenue department's appeal, upholding the reduction of fines and penalties as per established law. Case-Laws Customs Mon, 03 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187193