https://www.taxtmi.com/caselaws?id=348516 The Tribunal upheld the confiscation of goods and imposition of a redemption fine and penalty on the appellant for mis-declaration of quantity in imported goods. However, the Tribunal found the redemption fine and penalty excessively high considering the admitted mistake in quantity and the differential duty paid. Consequently, the redemption fine was reduced to &8377; 20,000/- and the penalty to &8377; 10,000/-. The appeal was disposed of with the revised redemption fine and penalty amounts, providing a balanced resolution to the issue of excessive penalties for mis-declaration of quantity in imported goods. en-us Thu, 17 Aug 2017 00:00:00 +0530 Sat, 23 Sep 2017 10:39:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348516 The Tribunal upheld the confiscation of goods and imposition of a redemption fine and penalty on the appellant for mis-declaration of quantity in imported goods. However, the Tribunal found the redemption fine and penalty excessively high considering the admitted mistake in quantity and the differential duty paid. Consequently, the redemption fine was reduced to &8377; 20,000/- and the penalty to &8377; 10,000/-. The appeal was disposed of with the revised redemption fine and penalty amounts, providing a balanced resolution to the issue of excessive penalties for mis-declaration of quantity in imported goods. Case-Laws Customs Thu, 17 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348516