https://www.taxtmi.com/caselaws?id=96209 The Tribunal upheld the Customs' jurisdiction in addressing violations of post-importation conditions specified in the Import Policy, reducing penalties and setting aside redemption fines for certain parties. It found that the transfer of second-hand knitting machines without DGFT permission constituted a technical infringement, not a violation of the Customs Act. Buyers were deemed bona fide purchasers and not liable for penal action. The Tribunal concluded that the penalties and fines were adjusted accordingly, disposing of the appeals in favor of the appellants. en-us Fri, 25 May 2001 00:00:00 +0530 Tue, 20 Dec 2011 10:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96209 The Tribunal upheld the Customs' jurisdiction in addressing violations of post-importation conditions specified in the Import Policy, reducing penalties and setting aside redemption fines for certain parties. It found that the transfer of second-hand knitting machines without DGFT permission constituted a technical infringement, not a violation of the Customs Act. Buyers were deemed bona fide purchasers and not liable for penal action. The Tribunal concluded that the penalties and fines were adjusted accordingly, disposing of the appeals in favor of the appellants. Case-Laws Central Excise Fri, 25 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96209