Penalty Reduced for Mis-declaration Errors in Import Case, No Fraud Intent Found by Staff on Bill of Entry.
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....Mis-declaration of value as well as quantity of import goods - No intent to defraud the Revenue is forthcoming. There is a mistake in describing the quantity on the part of the staff handling file of Bill of Entry - demand of duty confirmed - penalty reduced to ₹ 10000/- - AT....
TaxTMI