https://www.taxtmi.com/caselaws?id=84989 The Tribunal allowed the appeal filed by the Revenue, setting aside the lower authority's order on the redemption fine imposed on confiscated goods valued at Rs. 1,72,02,739. The case was remanded for fresh adjudication, emphasizing the need for a higher penalty in consideration of public interest and profit margin. The Tribunal highlighted the violation of import restrictions under Section 111(d) and questioned the legality of allowing clearance under the Duty Entitlement Exemption (DEE) Scheme after confiscation. The decision aimed to ensure a fair opportunity for both parties to present their arguments in the case. en-us Fri, 01 Sep 1995 00:00:00 +0530 Tue, 02 Aug 2011 10:34:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84989 The Tribunal allowed the appeal filed by the Revenue, setting aside the lower authority's order on the redemption fine imposed on confiscated goods valued at Rs. 1,72,02,739. The case was remanded for fresh adjudication, emphasizing the need for a higher penalty in consideration of public interest and profit margin. The Tribunal highlighted the violation of import restrictions under Section 111(d) and questioned the legality of allowing clearance under the Duty Entitlement Exemption (DEE) Scheme after confiscation. The decision aimed to ensure a fair opportunity for both parties to present their arguments in the case. Case-Laws Customs Fri, 01 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84989