https://www.taxtmi.com/caselaws?id=278817 The tribunal set aside the penalty imposed on a licensed Customs Broker for misdeclaration of MRP/RSP on imported goods, emphasizing that the responsibility for affixing MRP lies with the importer, not the broker. The tribunal found no contravention by the broker in affixing MRP/RSP and deemed the penal action under Section 112(a) of the Customs Act, 1962 as legally unsustainable. The penalty of &8377;1,00,000 was overturned, highlighting that the importer holds the responsibility for MRP details on imported goods, leading to the appeal being allowed in favor of the broker. en-us Wed, 23 Aug 2017 00:00:00 +0530 Fri, 22 Feb 2019 06:06:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278817 The tribunal set aside the penalty imposed on a licensed Customs Broker for misdeclaration of MRP/RSP on imported goods, emphasizing that the responsibility for affixing MRP lies with the importer, not the broker. The tribunal found no contravention by the broker in affixing MRP/RSP and deemed the penal action under Section 112(a) of the Customs Act, 1962 as legally unsustainable. The penalty of &8377;1,00,000 was overturned, highlighting that the importer holds the responsibility for MRP details on imported goods, leading to the appeal being allowed in favor of the broker. Case-Laws Customs Wed, 23 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278817