https://www.taxtmi.com/caselaws?id=98211 The tribunal set aside the confiscation order of imported goods, finding that although the machine was not the university's property, it was used for research purposes. The penalty imposed on the university under Section 114A of the Customs Act was deemed unsustainable as the import occurred before the provision's enactment. Consequently, the imposition of interest was not warranted. The penalty imposed on a cooperative sugar mill was also overturned as the goods were used for research under the university's supervision. The judgment emphasizes the importance of correctly availing exemptions and the timing of penalty provisions in customs cases. en-us Mon, 01 May 2000 00:00:00 +0530 Thu, 19 Jan 2012 16:30:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98211 The tribunal set aside the confiscation order of imported goods, finding that although the machine was not the university's property, it was used for research purposes. The penalty imposed on the university under Section 114A of the Customs Act was deemed unsustainable as the import occurred before the provision's enactment. Consequently, the imposition of interest was not warranted. The penalty imposed on a cooperative sugar mill was also overturned as the goods were used for research under the university's supervision. The judgment emphasizes the importance of correctly availing exemptions and the timing of penalty provisions in customs cases. Case-Laws Customs Mon, 01 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98211