https://www.taxtmi.com/caselaws?id=94527 Second-hand machinery and an old used pump imported without the required licence were treated as prohibited goods under the import policy then in force, so confiscation of both consignments was sustained. The redemption fines were upheld because they had already been fixed with the relevant factors in mind. Penalties, however, were set aside since there was no finding of mala fides, under-invoicing, or deliberate misdeclaration, and the importer's conduct was treated as bona fide. The result was limited relief confined to deletion of penalties, with confiscation and redemption fines remaining undisturbed. en-us Thu, 13 Jan 2000 00:00:00 +0530 Wed, 23 Nov 2011 11:40:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94527 Second-hand machinery and an old used pump imported without the required licence were treated as prohibited goods under the import policy then in force, so confiscation of both consignments was sustained. The redemption fines were upheld because they had already been fixed with the relevant factors in mind. Penalties, however, were set aside since there was no finding of mala fides, under-invoicing, or deliberate misdeclaration, and the importer's conduct was treated as bona fide. The result was limited relief confined to deletion of penalties, with confiscation and redemption fines remaining undisturbed. Case-Laws Customs Thu, 13 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94527