https://www.taxtmi.com/caselaws?id=344826 The High Court upheld the Tribunal's decision in a customs case involving misdescription of imported goods as Heavy Melting Scrap (HMS) instead of re-rollable scrap. The court affirmed the imposition of a redemption fine of Rs. 20,00,000/- along with penalties on the appellant company and its Managing Director. The Tribunal's findings of misdescription and incorrect declaration were deemed factual, leading to the dismissal of appeals against the confiscation, fine, and penalties. The benefit of concessional duty was granted based on compliance with specific conditions. en-us Fri, 21 Apr 2017 00:00:00 +0530 Thu, 28 Dec 2017 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344826 The High Court upheld the Tribunal's decision in a customs case involving misdescription of imported goods as Heavy Melting Scrap (HMS) instead of re-rollable scrap. The court affirmed the imposition of a redemption fine of Rs. 20,00,000/- along with penalties on the appellant company and its Managing Director. The Tribunal's findings of misdescription and incorrect declaration were deemed factual, leading to the dismissal of appeals against the confiscation, fine, and penalties. The benefit of concessional duty was granted based on compliance with specific conditions. Case-Laws Customs Fri, 21 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344826