https://www.taxtmi.com/caselaws?id=106953 The Tribunal confirmed the duty demand but reduced the redemption fine to Rs. 75,000.00 and the penalty to Rs. 35,000.00. The Tribunal found the confiscation and penalty justified due to the quality discrepancy in the imported goods but considered the circumstances in reducing the fine and penalty. The appeal was rejected except for the modification in the quantum of the fine and penalty. en-us Thu, 22 Aug 2002 00:00:00 +0530 Fri, 16 Mar 2012 16:45:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106953 The Tribunal confirmed the duty demand but reduced the redemption fine to Rs. 75,000.00 and the penalty to Rs. 35,000.00. The Tribunal found the confiscation and penalty justified due to the quality discrepancy in the imported goods but considered the circumstances in reducing the fine and penalty. The appeal was rejected except for the modification in the quantum of the fine and penalty. Case-Laws Customs Thu, 22 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106953