https://www.taxtmi.com/caselaws?id=785265 The text addresses liability for improper importation and penalties where an IEC holder or other person acts as importer despite another being owner or beneficial owner, stating that the definition of importer encompasses actual importers, owners, beneficial owners and those holding out as importers, who therefore bear full consequences of importation. It explains that prohibited goods' value forms the basis for penalty under customs law and that false declarations in Bills of Entry constitute grounds for an additional penalty for knowingly making false declarations. The penalties discussed are framed as proportionate to the goods' value and justified on these legal bases. en-us Mon, 19 Jan 2026 00:00:00 +0530 Tue, 20 Jan 2026 13:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785265 The text addresses liability for improper importation and penalties where an IEC holder or other person acts as importer despite another being owner or beneficial owner, stating that the definition of importer encompasses actual importers, owners, beneficial owners and those holding out as importers, who therefore bear full consequences of importation. It explains that prohibited goods' value forms the basis for penalty under customs law and that false declarations in Bills of Entry constitute grounds for an additional penalty for knowingly making false declarations. The penalties discussed are framed as proportionate to the goods' value and justified on these legal bases. Case-Laws Customs Mon, 19 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785265