https://www.taxtmi.com/caselaws?id=363988 Where amendment of the bill of entry was allowed under Section 149 of the Customs Act, the basis for confiscation on the original declaration could not be sustained, so redemption fine under Section 125 was set aside. Misdeclaration in the bills of entry was nevertheless established, so penalty remained warranted; however, the quantum was found excessive on the facts and was reduced. The order was therefore modified by deleting the redemption fine and moderating the penalty, while leaving the finding of misdeclaration undisturbed to that extent. en-us Tue, 27 Mar 2018 00:00:00 +0530 Wed, 08 Aug 2018 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363988 Where amendment of the bill of entry was allowed under Section 149 of the Customs Act, the basis for confiscation on the original declaration could not be sustained, so redemption fine under Section 125 was set aside. Misdeclaration in the bills of entry was nevertheless established, so penalty remained warranted; however, the quantum was found excessive on the facts and was reduced. The order was therefore modified by deleting the redemption fine and moderating the penalty, while leaving the finding of misdeclaration undisturbed to that extent. Case-Laws Customs Tue, 27 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363988