https://www.taxtmi.com/caselaws?id=356812 The Tribunal acknowledged the significant variance in the imported fabrics' GSM, deeming it non-negligible. Despite mitigating factors, a penalty of &8377; 1,00,000 was imposed under Section 112 (a) (ii) of the Customs Act due to misdeclaration. The appeal was partly allowed, modifying the order to reflect the reduced penalty. en-us Thu, 11 Jan 2018 00:00:00 +0530 Sat, 02 Mar 2019 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356812 The Tribunal acknowledged the significant variance in the imported fabrics' GSM, deeming it non-negligible. Despite mitigating factors, a penalty of &8377; 1,00,000 was imposed under Section 112 (a) (ii) of the Customs Act due to misdeclaration. The appeal was partly allowed, modifying the order to reflect the reduced penalty. Case-Laws Customs Thu, 11 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356812