Aluminium Profiles Import Case: No Misdeclaration Found, Confiscation u/s 111(m) Not Applicable, Penalties Unwarranted.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Confiscation - redemption fine - penalty - Classification of imported goods - Aluminium Profile - It is not the case of Revenue that the appellants had mis-declared the goods with an intent to evade payment of duty. Since, Section 111(m) ibid provides for confiscation of the goods in the eventuality of misdeclaration of the goods, which are absent in the present case, the redemption fine and penalty cannot be imposed on the appellants. - AT....