KOTHARI FILAMENTS vs COMMR.OF CUSTOMS (PORT) KOLKATA .

The Supreme Court upheld the penalties imposed under Section 111(d) and 111(m) of the Customs Act, 1962 for the mis-declaration of imported goods, specifically Tetracycline HCL, which required an import license. The Court found that the principles of natural justice were not violated as the mistake by the exporter was acknowledged, and the show cause notice was sufficiently detailed. The Court affirmed the confiscation of goods and the penalties of Rs.5,00,000 on the company and Rs.1,00,000 on the individual appellant, thus dismissing the appeal.