https://www.taxtmi.com/caselaws?id=99308 The Tribunal allowed the re-export of confiscated goods by M/s. Grand Prime Ltd., finding that they remained the owners as the importer had not fulfilled obligations. Personal penalties imposed on individuals were set aside due to lack of concrete evidence, with penalties based solely on uncorroborated statements deemed unjustified. The Tribunal modified the Commissioner's order accordingly, focusing on legal principles and factual considerations in addressing confiscation, re-export, and penalty imposition issues under the Customs Act, 1962. en-us Mon, 20 Nov 2000 00:00:00 +0530 Wed, 25 Jan 2012 18:26:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99308 The Tribunal allowed the re-export of confiscated goods by M/s. Grand Prime Ltd., finding that they remained the owners as the importer had not fulfilled obligations. Personal penalties imposed on individuals were set aside due to lack of concrete evidence, with penalties based solely on uncorroborated statements deemed unjustified. The Tribunal modified the Commissioner's order accordingly, focusing on legal principles and factual considerations in addressing confiscation, re-export, and penalty imposition issues under the Customs Act, 1962. Case-Laws Customs Mon, 20 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99308