https://www.taxtmi.com/caselaws?id=82142 The Tribunal ruled in favor of the appellant, a forwarding agent, in a case challenging the confiscation of goods and imposition of a penalty by the Additional Collector of Customs. The appellant's explanation of waiting for the India-Nepal Treaty to be reinstated before exporting the goods was accepted. The Tribunal distinguished between 'preparation' and 'attempt,' concluding that there was no actual attempt to export the goods illegally. As there was no movement towards Nepal and the goods were stored securely, the confiscation and penalty were deemed unjustified. The goods were ordered to be returned, and the penalty of Rs. 5,000 was set aside. en-us Tue, 01 Sep 1992 00:00:00 +0530 Sat, 02 Jul 2011 12:13:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82142 The Tribunal ruled in favor of the appellant, a forwarding agent, in a case challenging the confiscation of goods and imposition of a penalty by the Additional Collector of Customs. The appellant's explanation of waiting for the India-Nepal Treaty to be reinstated before exporting the goods was accepted. The Tribunal distinguished between 'preparation' and 'attempt,' concluding that there was no actual attempt to export the goods illegally. As there was no movement towards Nepal and the goods were stored securely, the confiscation and penalty were deemed unjustified. The goods were ordered to be returned, and the penalty of Rs. 5,000 was set aside. Case-Laws Customs Tue, 01 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82142