https://www.taxtmi.com/article/detailed?id=11954 Misdeclaration of imported goods-incorrect description, origin, quantity, weight, value or improper notification claims-renders goods liable to confiscation and statutory penalties, including penalties for dealing with confiscation liable goods and enhanced penalties for knowingly using false or incorrect declarations. Documentary inconsistency and failure to query discrepant invoices can establish negligence rather than fraud; in the cited logistics-provider matter the tribunal found negligence for not probing differing invoice descriptions and accordingly adjusted penalties, setting aside the dealing-related penalty and reducing the penalty for false material. en-us Sat, 14 Oct 2023 18:58:42 +0530 Sat, 14 Oct 2023 18:58:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11954 Misdeclaration of imported goods-incorrect description, origin, quantity, weight, value or improper notification claims-renders goods liable to confiscation and statutory penalties, including penalties for dealing with confiscation liable goods and enhanced penalties for knowingly using false or incorrect declarations. Documentary inconsistency and failure to query discrepant invoices can establish negligence rather than fraud; in the cited logistics-provider matter the tribunal found negligence for not probing differing invoice descriptions and accordingly adjusted penalties, setting aside the dealing-related penalty and reducing the penalty for false material. Articles Customs - Import - Export - SEZ Sat, 14 Oct 2023 18:58:42 +0530 https://www.taxtmi.com/article/detailed?id=11954