https://www.taxtmi.com/caselaws?id=343632 The Tribunal partially allowed the appeal by M/s. Ganpati Exports regarding the confiscation of goods, redemption fine, and penalty. It was found that the appellant had erroneously claimed DEPB benefit under the wrong entry due to a clerical error. Despite acknowledging the error, the Tribunal reduced the redemption fine from Rs. 20 lakhs to Rs. 2 lakhs and the penalty from Rs. 1 lakh to Rs. 10,000. This decision reflects a balance between addressing the violation of the Customs Act and considering the circumstances leading to the error in the benefit claim. en-us Wed, 26 Apr 2017 00:00:00 +0530 Tue, 30 May 2017 06:03:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343632 The Tribunal partially allowed the appeal by M/s. Ganpati Exports regarding the confiscation of goods, redemption fine, and penalty. It was found that the appellant had erroneously claimed DEPB benefit under the wrong entry due to a clerical error. Despite acknowledging the error, the Tribunal reduced the redemption fine from Rs. 20 lakhs to Rs. 2 lakhs and the penalty from Rs. 1 lakh to Rs. 10,000. This decision reflects a balance between addressing the violation of the Customs Act and considering the circumstances leading to the error in the benefit claim. Case-Laws Customs Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343632