https://www.taxtmi.com/caselaws?id=83435 The Tribunal allowed the Department's appeals by setting aside the impugned order of the Addl. Collector of Customs regarding unauthorized import of goods. The penalties imposed on the respondents were also set aside, and the case was remanded for reassessment of liability and penalty quantum, emphasizing proper consideration of profit margin and penalties on Indian Bank. en-us Wed, 27 Jan 1993 00:00:00 +0530 Wed, 13 Jul 2011 15:19:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83435 The Tribunal allowed the Department's appeals by setting aside the impugned order of the Addl. Collector of Customs regarding unauthorized import of goods. The penalties imposed on the respondents were also set aside, and the case was remanded for reassessment of liability and penalty quantum, emphasizing proper consideration of profit margin and penalties on Indian Bank. Case-Laws Customs Wed, 27 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83435