https://www.taxtmi.com/caselaws?id=335871 The Tribunal upheld the confiscation of goods under Section 111(m) of the Customs Act due to misdeclaration, leading to liability for anti-dumping duty. However, it reduced the redemption fine and penalty imposed. The Tribunal clarified that MRP declaration is not required for goods meant for personal use, overturning the authority's decision to charge CVD based on MRP. The appeal was allowed on the issue of CVD calculation but rejected on setting aside redemption fine, penalty, and anti-dumping duty, with modifications to fines and penalties. (Judgment Date: 1st December 2016) en-us Thu, 01 Dec 2016 00:00:00 +0530 Tue, 30 Jan 2018 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335871 The Tribunal upheld the confiscation of goods under Section 111(m) of the Customs Act due to misdeclaration, leading to liability for anti-dumping duty. However, it reduced the redemption fine and penalty imposed. The Tribunal clarified that MRP declaration is not required for goods meant for personal use, overturning the authority's decision to charge CVD based on MRP. The appeal was allowed on the issue of CVD calculation but rejected on setting aside redemption fine, penalty, and anti-dumping duty, with modifications to fines and penalties. (Judgment Date: 1st December 2016) Case-Laws Customs Thu, 01 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335871