https://www.taxtmi.com/caselaws?id=351565 The Tribunal dismissed the appeals, upholding the penalty imposed on the appellant under Section 112(a) of the Customs Act, 1962, due to established evidence of mis-declaration and undervaluation. However, relief was granted regarding the redemption fine and simultaneous imposition of penalties on the proprietor and entity. The judgment emphasized that penalties and fines were adjudicated based on evidence presented, with duty and interest aspects remaining unaffected by the order. en-us Mon, 25 Sep 2017 00:00:00 +0530 Tue, 28 Nov 2017 07:37:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351565 The Tribunal dismissed the appeals, upholding the penalty imposed on the appellant under Section 112(a) of the Customs Act, 1962, due to established evidence of mis-declaration and undervaluation. However, relief was granted regarding the redemption fine and simultaneous imposition of penalties on the proprietor and entity. The judgment emphasized that penalties and fines were adjudicated based on evidence presented, with duty and interest aspects remaining unaffected by the order. Case-Laws Customs Mon, 25 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351565