https://www.taxtmi.com/caselaws?id=339552 The Tribunal confirmed the misdeclaration of quantity and value in import, leading to the imposition of a redemption fine of Rs. 2,00,000 and penalty under Section 112(a) of the Customs Act. The appellant's objections were overruled, with the Tribunal upholding the assessable value determined by Customs and the penalties imposed due to established misdeclarations. The appeal was partly allowed, maintaining the penalty and confirming the duty not disputed. en-us Wed, 02 Nov 2016 00:00:00 +0530 Thu, 02 Mar 2017 07:56:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339552 The Tribunal confirmed the misdeclaration of quantity and value in import, leading to the imposition of a redemption fine of Rs. 2,00,000 and penalty under Section 112(a) of the Customs Act. The appellant's objections were overruled, with the Tribunal upholding the assessable value determined by Customs and the penalties imposed due to established misdeclarations. The appeal was partly allowed, maintaining the penalty and confirming the duty not disputed. Case-Laws Customs Wed, 02 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339552