https://www.taxtmi.com/caselaws?id=356944 The Tribunal partially allowed the appeal, setting aside the confiscation of the declared blankets but upholding the absolute confiscation of the undeclared goods. The penalty imposed on the importer was reduced to Rs. 5,000, emphasizing that the undeclared items were of nominal value and did not result in a windfall profit. The Tribunal found no intention to deceive or gain from the undisclosed goods, granting the appellant some relief under the Customs Act, 1962. en-us Fri, 01 Dec 2017 00:00:00 +0530 Sat, 02 Mar 2019 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356944 The Tribunal partially allowed the appeal, setting aside the confiscation of the declared blankets but upholding the absolute confiscation of the undeclared goods. The penalty imposed on the importer was reduced to Rs. 5,000, emphasizing that the undeclared items were of nominal value and did not result in a windfall profit. The Tribunal found no intention to deceive or gain from the undisclosed goods, granting the appellant some relief under the Customs Act, 1962. Case-Laws Customs Fri, 01 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356944