https://www.taxtmi.com/caselaws?id=53168 The Tribunal set aside the order of confiscation and redemption fine under Section 111(m) of the Customs Act, 1962, as there was no evidence of intentional mis-declaration by the appellants. The penalty imposed under Section 112 was also overturned due to the lack of deliberate intent to mis-declare goods. The appellants accepted re-valuation and paid duty accordingly. Relying on legal precedents emphasizing the absence of wilful mis-declaration, the Tribunal granted relief to the appellants, highlighting the importance of proving deliberate intent in cases of mis-declaration to impose penalties or confiscate goods. en-us Thu, 01 Jan 2004 00:00:00 +0530 Mon, 11 Oct 2010 13:19:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53168 The Tribunal set aside the order of confiscation and redemption fine under Section 111(m) of the Customs Act, 1962, as there was no evidence of intentional mis-declaration by the appellants. The penalty imposed under Section 112 was also overturned due to the lack of deliberate intent to mis-declare goods. The appellants accepted re-valuation and paid duty accordingly. Relying on legal precedents emphasizing the absence of wilful mis-declaration, the Tribunal granted relief to the appellants, highlighting the importance of proving deliberate intent in cases of mis-declaration to impose penalties or confiscate goods. Case-Laws Central Excise Thu, 01 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53168