https://www.taxtmi.com/caselaws?id=354323 The Tribunal upheld the re-determined value and duty demand due to mis-declaration of goods, Alloy Steel Pipes instead of Heavy Melting Scrap. However, considering demurrage and detention charges incurred, it reduced the redemption fine from &8377; 3,00,000 to &8377; 1,00,000 and the penalty from &8377; 2,00,000 to &8377; 50,000. The re-determined value of the goods remained unchanged. The appeal was partially allowed based on the reduction in fines and penalties, acknowledging the appellants' losses from the delays and charges incurred. en-us Tue, 03 Oct 2017 00:00:00 +0530 Wed, 24 Jan 2018 08:15:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354323 The Tribunal upheld the re-determined value and duty demand due to mis-declaration of goods, Alloy Steel Pipes instead of Heavy Melting Scrap. However, considering demurrage and detention charges incurred, it reduced the redemption fine from &8377; 3,00,000 to &8377; 1,00,000 and the penalty from &8377; 2,00,000 to &8377; 50,000. The re-determined value of the goods remained unchanged. The appeal was partially allowed based on the reduction in fines and penalties, acknowledging the appellants' losses from the delays and charges incurred. Case-Laws Customs Tue, 03 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354323