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Customs - Highlights / Catch Notes

Home Highlights February 2022 Year 2022 This

Quantum of redemption fine and penalty - misdeclaration of ...

Case Laws     Customs

February 11, 2022

Quantum of redemption fine and penalty - misdeclaration of description and value - The redemption fine imposed by the Ld. Commissioner (Appeal) is sufficient in the interest of justice. Further, in the impugned order, the Ld. Commissioner (Appeal) recorded the finding that there is no finding given by the adjudicating authority for imposing the penalty under Section 117 of the Act. In that circumstances, the Ld. Commissioner(Appeal) has rightly dropped the penalty against the respondent. - AT

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