https://www.taxtmi.com/caselaws?id=752089 The Tribunal set aside the order imposing redemption fine and penalty on the appellant for alleged undervaluation and misdeclaration of imported goods. It found the enhancement of goods' value unsustainable due to lack of proper discussion and annexures regarding relied-upon Bills of Entry. Additionally, the Tribunal concluded there was no intentional misdeclaration in quantity, as variations during transit are common. Consequently, the Tribunal allowed the appeal, granting consequential relief to the appellant. en-us Tue, 23 Apr 2024 00:00:00 +0530 Fri, 03 May 2024 08:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752089 The Tribunal set aside the order imposing redemption fine and penalty on the appellant for alleged undervaluation and misdeclaration of imported goods. It found the enhancement of goods' value unsustainable due to lack of proper discussion and annexures regarding relied-upon Bills of Entry. Additionally, the Tribunal concluded there was no intentional misdeclaration in quantity, as variations during transit are common. Consequently, the Tribunal allowed the appeal, granting consequential relief to the appellant. Case-Laws Customs Tue, 23 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752089