https://www.taxtmi.com/caselaws?id=80729 The Tribunal upheld the Collector's decision to confiscate imported goods and impose a redemption fine due to the absence of a firm contract as per the Import Policy. A personal penalty was also upheld for non-compliance with import policy conditions. The Tribunal ruled that the assessment of duty without the benefit of a specific notification was justified, as the contract terms were found to be non-binding and subject to change. The appeal was dismissed, affirming all aspects of the Collector's order based on the lack of a firm contract. en-us Wed, 02 May 1990 00:00:00 +0530 Sat, 18 Jun 2011 18:06:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80729 The Tribunal upheld the Collector's decision to confiscate imported goods and impose a redemption fine due to the absence of a firm contract as per the Import Policy. A personal penalty was also upheld for non-compliance with import policy conditions. The Tribunal ruled that the assessment of duty without the benefit of a specific notification was justified, as the contract terms were found to be non-binding and subject to change. The appeal was dismissed, affirming all aspects of the Collector's order based on the lack of a firm contract. Case-Laws Customs Wed, 02 May 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80729