https://www.taxtmi.com/caselaws?id=84007 REP licence flexibility could not be clubbed across multiple transferable licences to import a single hydraulic cylinder, because the flexibility applied only to the particular licence and the item exceeded the prescribed monetary ceiling. Confiscation was therefore sustained on merits. The importer's actual-user status and the non-profit character of the import justified moderation of penal consequences, so the penalty was set aside and the redemption fine was reduced. The appeal succeeded only in part, with confiscation confirmed but relief granted on penalty and fine. en-us Mon, 06 Feb 1995 00:00:00 +0530 Tue, 19 Jul 2011 12:18:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84007 REP licence flexibility could not be clubbed across multiple transferable licences to import a single hydraulic cylinder, because the flexibility applied only to the particular licence and the item exceeded the prescribed monetary ceiling. Confiscation was therefore sustained on merits. The importer's actual-user status and the non-profit character of the import justified moderation of penal consequences, so the penalty was set aside and the redemption fine was reduced. The appeal succeeded only in part, with confiscation confirmed but relief granted on penalty and fine. Case-Laws Customs Mon, 06 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84007