https://www.taxtmi.com/caselaws?id=101058 The Tribunal upheld the order-in-original confiscating goods worth Rs. 14,35,518 under Section 111(d) of the Customs Act, allowing redemption on payment of Rs. 1,50,000 fine and imposing a penalty of Rs. 25,000. The Tribunal rejected the argument that the DGFT notification did not apply, citing the bill of entry submission date post-notification issuance. The redemption fine was reduced due to excessive amount, but the overall order for confiscation and penalty imposition was affirmed. en-us Wed, 16 Jan 2002 00:00:00 +0530 Wed, 08 Feb 2012 13:56:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101058 The Tribunal upheld the order-in-original confiscating goods worth Rs. 14,35,518 under Section 111(d) of the Customs Act, allowing redemption on payment of Rs. 1,50,000 fine and imposing a penalty of Rs. 25,000. The Tribunal rejected the argument that the DGFT notification did not apply, citing the bill of entry submission date post-notification issuance. The redemption fine was reduced due to excessive amount, but the overall order for confiscation and penalty imposition was affirmed. Case-Laws Customs Wed, 16 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101058