https://www.taxtmi.com/caselaws?id=93925 The Tribunal upheld the orders of the Commissioner of Customs (Appeals) regarding fines and penalties for second-hand diesel engines, dismissing Revenue appeals in both sets of appeals. The Commissioner relied on Tribunal judgments to determine penalties, considering factors such as valuation, condition of goods, and importers' acceptance of examination reports. The Tribunal found consistency in applying previous judgments on market value and profit margins, ultimately affirming the Commissioner's decisions and rejecting Revenue appeals challenging the orders. en-us Tue, 18 Jul 2000 00:00:00 +0530 Thu, 17 Nov 2011 18:05:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93925 The Tribunal upheld the orders of the Commissioner of Customs (Appeals) regarding fines and penalties for second-hand diesel engines, dismissing Revenue appeals in both sets of appeals. The Commissioner relied on Tribunal judgments to determine penalties, considering factors such as valuation, condition of goods, and importers' acceptance of examination reports. The Tribunal found consistency in applying previous judgments on market value and profit margins, ultimately affirming the Commissioner's decisions and rejecting Revenue appeals challenging the orders. Case-Laws Customs Tue, 18 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93925