Prakash Ramdeo Jaiswal vs Deputy Commissioner of Customs
Misdeclaration of goods: Appeals against imposition of redemption fine and penalties-Imposition of fine on market price instead of higher declared value, Fine and penalties not levied only on confession, Reliance on test reports by customs authorities, Reports not denied nor any objections filed, Appeals dismissed-The tribunal had imposed redemption fine at 10 percent of the penalty under s.114(5) of the Customs Act 1962 on the ground that the goods were not exp [LexDoc Id : 443204]
