https://www.taxtmi.com/caselaws?id=83578 The Tribunal partly allowed the appeal, modifying the valuation of the goods to Rs. 1.86 per piece, reducing the redemption fine to Rs. 50,000, and adjusting the penalties accordingly. The importation was deemed unauthorized, but the penalties were tempered considering the prolonged custody of the goods and the specific roles of the individuals involved. en-us Tue, 06 Sep 1994 00:00:00 +0530 Thu, 14 Jul 2011 12:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83578 The Tribunal partly allowed the appeal, modifying the valuation of the goods to Rs. 1.86 per piece, reducing the redemption fine to Rs. 50,000, and adjusting the penalties accordingly. The importation was deemed unauthorized, but the penalties were tempered considering the prolonged custody of the goods and the specific roles of the individuals involved. Case-Laws Customs Tue, 06 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83578