https://www.taxtmi.com/caselaws?id=441883 The Tribunal partially allowed the appeal in the case involving misdeclaration of imported goods by M/s Asha International. While acknowledging the lack of intent by the appellant, the Tribunal upheld the confiscation and penalties under the Customs Act, 1962. However, considering the circumstances of reliance on incorrect documents from the overseas supplier, a lenient approach was taken. The redemption fine was reduced to Rs. 4 lakhs and the penalty to Rs. 1 lakh from the original order imposed by the Department. en-us Fri, 11 Aug 2023 00:00:00 +0530 Sat, 19 Aug 2023 10:14:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441883 The Tribunal partially allowed the appeal in the case involving misdeclaration of imported goods by M/s Asha International. While acknowledging the lack of intent by the appellant, the Tribunal upheld the confiscation and penalties under the Customs Act, 1962. However, considering the circumstances of reliance on incorrect documents from the overseas supplier, a lenient approach was taken. The redemption fine was reduced to Rs. 4 lakhs and the penalty to Rs. 1 lakh from the original order imposed by the Department. Case-Laws Customs Fri, 11 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441883