https://www.taxtmi.com/caselaws?id=400332 The court upheld the penalty imposition under Section 114 of the Customs Act, emphasizing that the rectification of misclassification did not absolve the petitioner from penalty as it constituted an attempt to export goods improperly. The petitioner's challenge through revision under Section 129(DD) was dismissed, with the court highlighting the statutory authority of the Central Government in revision matters. The court differentiated the case from previous judgments, ultimately finding no merit in the Writ Petition and dismissing it, affirming the penalty imposition for misclassification of goods for export. en-us Thu, 29 Oct 2020 00:00:00 +0530 Mon, 26 Jul 2021 18:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400332 The court upheld the penalty imposition under Section 114 of the Customs Act, emphasizing that the rectification of misclassification did not absolve the petitioner from penalty as it constituted an attempt to export goods improperly. The petitioner's challenge through revision under Section 129(DD) was dismissed, with the court highlighting the statutory authority of the Central Government in revision matters. The court differentiated the case from previous judgments, ultimately finding no merit in the Writ Petition and dismissing it, affirming the penalty imposition for misclassification of goods for export. Case-Laws Customs Thu, 29 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400332