Tribunal overturns Customs order, grants option to redeem goods with reduced penalties. The Tribunal allowed the appeal, setting aside the Customs order for confiscation of the perishable export goods. The appellant was granted the option to ...
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tribunal overturns Customs order, grants option to redeem goods with reduced penalties.
The Tribunal allowed the appeal, setting aside the Customs order for confiscation of the perishable export goods. The appellant was granted the option to redeem the goods on payment of a reduced fine and penalty, taking into consideration the financial hardship faced and the nature of the goods involved.
The appeal arises from a Customs order confiscating perishable export goods worth over Rs. 24 lakhs, with an option to redeem on payment of a fine of Rs. 10 lakhs and a penalty of Rs. 5 lakhs. The Tribunal grants early hearing due to financial hardship and the nature of the goods, setting the appeal for hearing on 5-12-1995.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.