https://www.taxtmi.com/caselaws?id=81756 The Tribunal emphasized that the plea of bona fide belief is not relevant for confiscation under Section 111(d) of the Customs Act, 1962, for prohibited goods. While deliberating on the necessity of proving mala fide intention under Section 111, the Tribunal ruled against confiscation or redemption fine in a case involving nylon yarn import under OGL clearance due to a registration issue. Considering the importers' bona fide conduct and registration delay, the Tribunal dismissed the revenue department's reference application, stating that the decision was based on the specific facts of the case and not on the interpretation of Section 111(d) regarding intention or redemption fine. en-us Thu, 09 Jan 1992 00:00:00 +0530 Tue, 28 Jun 2011 16:41:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81756 The Tribunal emphasized that the plea of bona fide belief is not relevant for confiscation under Section 111(d) of the Customs Act, 1962, for prohibited goods. While deliberating on the necessity of proving mala fide intention under Section 111, the Tribunal ruled against confiscation or redemption fine in a case involving nylon yarn import under OGL clearance due to a registration issue. Considering the importers' bona fide conduct and registration delay, the Tribunal dismissed the revenue department's reference application, stating that the decision was based on the specific facts of the case and not on the interpretation of Section 111(d) regarding intention or redemption fine. Case-Laws Customs Thu, 09 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81756