https://www.taxtmi.com/caselaws?id=355236 The tribunal addressed the misdeclaration of goods by M/s. Sri Lalkamal Enterprises, allowing re-export and setting aside the redemption fine. The redemption fine was deemed unnecessary as the goods were ordered for re-export, not for home consumption. The tribunal also ordered the re-export of the goods within two months due to misdeclaration and licensing issues. Penalties under Section 112 (a) of the Customs Act, 1962 were imposed but reduced for some parties and set aside for others, considering their roles in the importation process. The tribunal provided detailed reasoning for each decision, considering legal provisions and arguments presented. en-us Tue, 19 Dec 2017 00:00:00 +0530 Sat, 16 Mar 2019 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355236 The tribunal addressed the misdeclaration of goods by M/s. Sri Lalkamal Enterprises, allowing re-export and setting aside the redemption fine. The redemption fine was deemed unnecessary as the goods were ordered for re-export, not for home consumption. The tribunal also ordered the re-export of the goods within two months due to misdeclaration and licensing issues. Penalties under Section 112 (a) of the Customs Act, 1962 were imposed but reduced for some parties and set aside for others, considering their roles in the importation process. The tribunal provided detailed reasoning for each decision, considering legal provisions and arguments presented. Case-Laws Customs Tue, 19 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355236