https://www.taxtmi.com/caselaws?id=187263 The Tribunal allowed the appeal, setting aside the penalty imposed under Section 114 of the Customs Act, 1962. The appellant rectified the misdeclaration promptly and repaid the incentives received. The Tribunal considered the lack of intentional misdeclaration, the trade practice aspect, and the reliance on expert opinion in classifying the goods. The decision granted relief to the appellant based on the absence of deliberate intent to mislead, overturning the penalty imposed by the Adjudicating authority. en-us Fri, 16 Oct 2015 00:00:00 +0530 Fri, 18 Nov 2016 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187263 The Tribunal allowed the appeal, setting aside the penalty imposed under Section 114 of the Customs Act, 1962. The appellant rectified the misdeclaration promptly and repaid the incentives received. The Tribunal considered the lack of intentional misdeclaration, the trade practice aspect, and the reliance on expert opinion in classifying the goods. The decision granted relief to the appellant based on the absence of deliberate intent to mislead, overturning the penalty imposed by the Adjudicating authority. Case-Laws Customs Fri, 16 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187263