https://www.taxtmi.com/caselaws?id=81825 The Appellate Tribunal CEGAT, Bombay heard an appeal against an order-in-original that confiscated goods due to lack of a valid import license. The Tribunal reduced the redemption fine from Rs. 7 lakhs to Rs. 1,00,000, considering the goods' nature and condition. The penalty was remitted as the appellant promptly sought clarification from the licensing authority and cooperated diligently. The appeal was disposed of with the above decisions, granting consequential relief. en-us Wed, 18 Mar 1992 00:00:00 +0530 Wed, 29 Jun 2011 11:30:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81825 The Appellate Tribunal CEGAT, Bombay heard an appeal against an order-in-original that confiscated goods due to lack of a valid import license. The Tribunal reduced the redemption fine from Rs. 7 lakhs to Rs. 1,00,000, considering the goods' nature and condition. The penalty was remitted as the appellant promptly sought clarification from the licensing authority and cooperated diligently. The appeal was disposed of with the above decisions, granting consequential relief. Case-Laws Customs Wed, 18 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81825