https://www.taxtmi.com/caselaws?id=83014 The High Court set aside the confiscation of goods and penalties imposed under the Customs Act, 1962, in a case involving the importation of a plastic extruder machine. The Court found that the appellants' conduct was bona fide and highlighted the importance of ensuring penalties are in line with the law. Emphasizing fairness and avoiding unintended outcomes, the Court ruled in favor of the appellants, granting them consequential relief. en-us Fri, 12 Nov 1993 00:00:00 +0530 Fri, 08 Jul 2011 18:48:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83014 The High Court set aside the confiscation of goods and penalties imposed under the Customs Act, 1962, in a case involving the importation of a plastic extruder machine. The Court found that the appellants' conduct was bona fide and highlighted the importance of ensuring penalties are in line with the law. Emphasizing fairness and avoiding unintended outcomes, the Court ruled in favor of the appellants, granting them consequential relief. Case-Laws Central Excise Fri, 12 Nov 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83014