https://www.taxtmi.com/caselaws?id=80138 The Tribunal upheld the classification of the imported goods as defectives and seconds, not qualifying as scrap. The valuation as declared was accepted, but the import licenses were deemed invalid for the goods imported. Confiscation was confirmed, but fines in lieu of confiscation were reduced. The appeal was largely dismissed except for the modification in fines. en-us Tue, 15 Mar 1988 00:00:00 +0530 Wed, 15 Jun 2011 10:36:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80138 The Tribunal upheld the classification of the imported goods as defectives and seconds, not qualifying as scrap. The valuation as declared was accepted, but the import licenses were deemed invalid for the goods imported. Confiscation was confirmed, but fines in lieu of confiscation were reduced. The appeal was largely dismissed except for the modification in fines. Case-Laws Customs Tue, 15 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80138