https://www.taxtmi.com/caselaws?id=90343 The Tribunal upheld the Collector's decision to confiscate the imported spectrometer due to insufficient evidence proving it matched the type covered by the additional license. The valuation of the goods was based on market inquiries, leading to the imposition of a redemption fine under Section 111(m) of the Customs Act. However, the Tribunal set aside the redemption fine, following precedents that deemed imposing such a fine alongside allowing re-export contradictory, ultimately allowing the appeal and directing for a refund if the fine had been paid. en-us Wed, 04 Dec 1996 00:00:00 +0530 Wed, 05 Oct 2011 17:28:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90343 The Tribunal upheld the Collector's decision to confiscate the imported spectrometer due to insufficient evidence proving it matched the type covered by the additional license. The valuation of the goods was based on market inquiries, leading to the imposition of a redemption fine under Section 111(m) of the Customs Act. However, the Tribunal set aside the redemption fine, following precedents that deemed imposing such a fine alongside allowing re-export contradictory, ultimately allowing the appeal and directing for a refund if the fine had been paid. Case-Laws Customs Wed, 04 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90343