https://www.taxtmi.com/caselaws?id=198505 The Appellate Tribunal CESTAT NEW DELHI upheld the differential duty demand and penalty of Rs. 95,000 due to undervaluation of memory cards. The appellant's claim of unintentional misdeclaration was deemed not credible. The Tribunal reduced the redemption fine from Rs. 1.90 lakh to match the penalty amount of Rs. 95,000, as the higher fine was considered excessive. The appeal was rejected, with modifications made to lower the redemption fine. en-us Wed, 09 Nov 2016 00:00:00 +0530 Fri, 02 Feb 2018 09:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198505 The Appellate Tribunal CESTAT NEW DELHI upheld the differential duty demand and penalty of Rs. 95,000 due to undervaluation of memory cards. The appellant's claim of unintentional misdeclaration was deemed not credible. The Tribunal reduced the redemption fine from Rs. 1.90 lakh to match the penalty amount of Rs. 95,000, as the higher fine was considered excessive. The appeal was rejected, with modifications made to lower the redemption fine. Case-Laws Customs Wed, 09 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198505