https://www.taxtmi.com/caselaws?id=422001 The tribunal modified the impugned order by reducing the redemption fine and setting aside the penalty imposed under a specific section of the Customs Act, partially allowing the appeal. The tribunal acknowledged the misdeclaration of goods but considered the perishable nature of the cargo in determining the appropriate redemption fine, recognizing the minimal profit margin and lack of proven intentional false declarations. en-us Thu, 05 May 2022 00:00:00 +0530 Mon, 06 Feb 2023 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422001 The tribunal modified the impugned order by reducing the redemption fine and setting aside the penalty imposed under a specific section of the Customs Act, partially allowing the appeal. The tribunal acknowledged the misdeclaration of goods but considered the perishable nature of the cargo in determining the appropriate redemption fine, recognizing the minimal profit margin and lack of proven intentional false declarations. Case-Laws Customs Thu, 05 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422001