https://www.taxtmi.com/caselaws?id=337987 The Tribunal partially allowed the appeal in a customs case involving mis-declaration and under-valuation of imported goods. The importer's claim of a clerical error was acknowledged, but consistent mis-declaration indicated an intent to evade customs duty. Penalties were reduced due to a minimal differential duty of Rs. 1,02,353. The Customs Authority was directed to release the goods upon payment of modified penalties and differential duty. The appeal provided some relief to the importer while upholding findings of mis-declaration and under-valuation under the Customs Act, 1962. en-us Fri, 16 Dec 2016 00:00:00 +0530 Mon, 23 Jan 2017 08:53:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337987 The Tribunal partially allowed the appeal in a customs case involving mis-declaration and under-valuation of imported goods. The importer's claim of a clerical error was acknowledged, but consistent mis-declaration indicated an intent to evade customs duty. Penalties were reduced due to a minimal differential duty of Rs. 1,02,353. The Customs Authority was directed to release the goods upon payment of modified penalties and differential duty. The appeal provided some relief to the importer while upholding findings of mis-declaration and under-valuation under the Customs Act, 1962. Case-Laws Customs Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337987