https://www.taxtmi.com/caselaws?id=82905 The tribunal upheld the decision to confiscate imported goods, consisting of instruments, under the Customs Act. The goods were deemed not to qualify as spares under the import license, resulting in the confiscation order being upheld. However, the redemption fine was reduced to Rs. 25,000 due to mitigating circumstances. The appellant's argument that the items were spares was refuted based on technical definitions and policy provisions. The tribunal affirmed the lower authority's decision, confirming the confiscation and modifying the redemption fine. en-us Fri, 15 May 1992 00:00:00 +0530 Fri, 08 Jul 2011 11:15:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82905 The tribunal upheld the decision to confiscate imported goods, consisting of instruments, under the Customs Act. The goods were deemed not to qualify as spares under the import license, resulting in the confiscation order being upheld. However, the redemption fine was reduced to Rs. 25,000 due to mitigating circumstances. The appellant's argument that the items were spares was refuted based on technical definitions and policy provisions. The tribunal affirmed the lower authority's decision, confirming the confiscation and modifying the redemption fine. Case-Laws Customs Fri, 15 May 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82905