https://www.taxtmi.com/highlights?id=51222 Misdeclaration of imported goods - the goods in question cannot be termed as ‘prohibited goods’ merely for misdeclaration in the Bills of Entry, for the purpose of imposing penalty u/s 112 - the Customs Duty sought to be evaded is nowhere quantified - Maximum penalty is ₹ 5000 en-us Tue, 14 Jan 2020 08:33:02 +0530 Tue, 14 Jan 2020 08:33:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51222 Misdeclaration of imported goods - the goods in question cannot be termed as ‘prohibited goods’ merely for misdeclaration in the Bills of Entry, for the purpose of imposing penalty u/s 112 - the Customs Duty sought to be evaded is nowhere quantified - Maximum penalty is ₹ 5000 Highlights Customs Tue, 14 Jan 2020 08:33:02 +0530 https://www.taxtmi.com/highlights?id=51222