https://www.taxtmi.com/caselaws?id=398364 The Tribunal upheld the misdeclaration and statutory contravention, focusing on determining penalties. The appellant's redemption fine and penalties were reduced on appeal, emphasizing the consequences of misdeclaration and violation of trade policies under the Customs Act. Accuracy in declaration and compliance with regulations are crucial to avoid legal repercussions and financial liabilities. en-us Fri, 11 Sep 2020 00:00:00 +0530 Mon, 14 Sep 2020 09:30:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398364 The Tribunal upheld the misdeclaration and statutory contravention, focusing on determining penalties. The appellant's redemption fine and penalties were reduced on appeal, emphasizing the consequences of misdeclaration and violation of trade policies under the Customs Act. Accuracy in declaration and compliance with regulations are crucial to avoid legal repercussions and financial liabilities. Case-Laws Customs Fri, 11 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398364