https://www.taxtmi.com/caselaws?id=361517 The Tribunal allowed the appeal, setting aside the impugned order that imposed penalties under the Customs Act, 1962. The decision highlighted the inadvertent nature of the error in declaring serial numbers, the genuine intent for re-export, and the lack of evidence supporting penal consequences. Emphasizing the importance of considering genuine mistakes in customs declarations, the Tribunal referenced precedents allowing re-export without redemption fines or penalties in similar cases. en-us Tue, 01 May 2018 00:00:00 +0530 Fri, 08 Jun 2018 08:20:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361517 The Tribunal allowed the appeal, setting aside the impugned order that imposed penalties under the Customs Act, 1962. The decision highlighted the inadvertent nature of the error in declaring serial numbers, the genuine intent for re-export, and the lack of evidence supporting penal consequences. Emphasizing the importance of considering genuine mistakes in customs declarations, the Tribunal referenced precedents allowing re-export without redemption fines or penalties in similar cases. Case-Laws Customs Tue, 01 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361517