https://www.taxtmi.com/caselaws?id=72378 The Tribunal held that importation covered by valid licenses rendered the confiscation and penalty on Raymonds unjustified. The indenting commission was deemed includible in the value for assessment. The fine on Raymonds was reduced, and the penalty decreased. The penalty on Voltas was set aside. en-us Mon, 30 Jun 1986 00:00:00 +0530 Mon, 16 Jul 2012 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72378 The Tribunal held that importation covered by valid licenses rendered the confiscation and penalty on Raymonds unjustified. The indenting commission was deemed includible in the value for assessment. The fine on Raymonds was reduced, and the penalty decreased. The penalty on Voltas was set aside. Case-Laws Customs Mon, 30 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72378