https://www.taxtmi.com/caselaws?id=93554 The Tribunal upheld the redemption fine imposed by the Collector for unauthorized import of Beef Tallow, finding no evidence supporting an increase based on profit margin. They rejected the appeal for enhancement of the fine and imposition of penalty under Section 112 of the Customs Act, agreeing with the respondents that there was no deliberate defiance of the law. The Tribunal emphasized the need for market price evidence in determining fines and concluded that no interference with the Collector's decision was warranted. en-us Wed, 03 May 2000 00:00:00 +0530 Tue, 28 May 2019 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93554 The Tribunal upheld the redemption fine imposed by the Collector for unauthorized import of Beef Tallow, finding no evidence supporting an increase based on profit margin. They rejected the appeal for enhancement of the fine and imposition of penalty under Section 112 of the Customs Act, agreeing with the respondents that there was no deliberate defiance of the law. The Tribunal emphasized the need for market price evidence in determining fines and concluded that no interference with the Collector's decision was warranted. Case-Laws Customs Wed, 03 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93554