https://www.taxtmi.com/caselaws?id=374021 The tribunal upheld the imposition of penalties for mis-declaration in shipping bills against an EPCG License but reduced the quantum. It confirmed the confiscation of goods under the Customs Act, 1962, and ordered their release on redemption fines. Insufficient evidence led to the partial allowance of the appeal against penalties imposed on the CHA. Departmental appeals were successful in confirming the confiscation of goods and imposing redemption fines. The judgment highlighted the significance of accurate declarations in shipping bills and the necessity of clear evidence for penalty imposition under the Customs Act. en-us Tue, 01 Jan 2019 00:00:00 +0530 Fri, 21 Feb 2020 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374021 The tribunal upheld the imposition of penalties for mis-declaration in shipping bills against an EPCG License but reduced the quantum. It confirmed the confiscation of goods under the Customs Act, 1962, and ordered their release on redemption fines. Insufficient evidence led to the partial allowance of the appeal against penalties imposed on the CHA. Departmental appeals were successful in confirming the confiscation of goods and imposing redemption fines. The judgment highlighted the significance of accurate declarations in shipping bills and the necessity of clear evidence for penalty imposition under the Customs Act. Case-Laws Customs Tue, 01 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374021