https://www.taxtmi.com/caselaws?id=101789 Import of zinc dross was not shown to fall within the DGFT clarification, because that relief applied only where the firm contract pre-dated 25-3-96 and shipment occurred within the stipulated period. Alterations in the sale contract, bill of lading and sailing particulars, together with records recovered from the appellant's premises and the shipping agent, undermined the claim to the earlier policy benefit. On those facts, confiscation of the goods was justified. The penalty under Section 112(a) of the Customs Act was nevertheless reduced in view of the circumstances and the value of the goods. en-us Mon, 22 Apr 2002 00:00:00 +0530 Sat, 11 Feb 2012 11:32:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101789 Import of zinc dross was not shown to fall within the DGFT clarification, because that relief applied only where the firm contract pre-dated 25-3-96 and shipment occurred within the stipulated period. Alterations in the sale contract, bill of lading and sailing particulars, together with records recovered from the appellant's premises and the shipping agent, undermined the claim to the earlier policy benefit. On those facts, confiscation of the goods was justified. The penalty under Section 112(a) of the Customs Act was nevertheless reduced in view of the circumstances and the value of the goods. Case-Laws Customs Mon, 22 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101789