https://www.taxtmi.com/caselaws?id=85556 The Tribunal validated the REP licences for importing poppy seeds, rejecting the Collector's narrow interpretation. The Tribunal adjusted the valuation of the imported goods, reducing the value for the Bombay consignment. Confiscation under Clause (d) was set aside due to valid licences, but upheld under Clause (m) for misdeclaration of value, with adjusted redemption fines and penalties. Appeals resulted in reduced penalties and adjusted values, confirming other aspects of the orders. en-us Wed, 31 Jul 1996 00:00:00 +0530 Fri, 05 Aug 2011 17:30:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85556 The Tribunal validated the REP licences for importing poppy seeds, rejecting the Collector's narrow interpretation. The Tribunal adjusted the valuation of the imported goods, reducing the value for the Bombay consignment. Confiscation under Clause (d) was set aside due to valid licences, but upheld under Clause (m) for misdeclaration of value, with adjusted redemption fines and penalties. Appeals resulted in reduced penalties and adjusted values, confirming other aspects of the orders. Case-Laws Customs Wed, 31 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85556