https://www.taxtmi.com/caselaws?id=46681 The High Court held that the petitioners, who unknowingly imported goods mislabeled by a foreign supplier, were not at fault. Despite the discrepancy in the imported goods, the petitioners acted in good faith and promptly took corrective measures upon discovery. The Court found no fraudulent intent on the part of the petitioners and deemed the confiscation of the goods unjustified. Consequently, the order seeking to confiscate the goods under the Customs Act was quashed, and the bank guarantees were directed to be returned to the petitioners. en-us Fri, 07 Mar 2003 00:00:00 +0530 Fri, 23 Jul 2010 12:46:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46681 The High Court held that the petitioners, who unknowingly imported goods mislabeled by a foreign supplier, were not at fault. Despite the discrepancy in the imported goods, the petitioners acted in good faith and promptly took corrective measures upon discovery. The Court found no fraudulent intent on the part of the petitioners and deemed the confiscation of the goods unjustified. Consequently, the order seeking to confiscate the goods under the Customs Act was quashed, and the bank guarantees were directed to be returned to the petitioners. Case-Laws Customs Fri, 07 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46681