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Customs - Highlights / Catch Notes

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Imposition of redemption fine and penalty - the mis-declaration ...


Overseas Supplier's Invoice Error Leads to Reduced Penalty and Fine of Rs. 10,000 Each for Mis-declaration.

April 17, 2017

Case Laws     Customs     AT

Imposition of redemption fine and penalty - the mis-declaration occurred because the overseas supplier did not include 5% agency commission in the invoice and instead noted the same on the packages only - the penalty and redemption fine reduced to ₹ 10,000/- each - AT

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