https://www.taxtmi.com/caselaws?id=107123 The Tribunal set aside the Commissioner's order, ruling that the redemption fine imposed in the remand proceedings was beyond the Commissioner's authority. It was found that the salvage equipment was exempt from customs duty under Section 86(1) of the Customs Act and did not require import licenses as ship stores. The appellant had filed Bills of Entry, and the equipment was re-exported with proper Customs clearance. Penalties imposed were deemed unsustainable as the goods were not subject to confiscation. The appeal was allowed, and the Commissioner's order was overturned. en-us Wed, 11 Dec 2002 00:00:00 +0530 Sat, 17 Mar 2012 17:31:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107123 The Tribunal set aside the Commissioner's order, ruling that the redemption fine imposed in the remand proceedings was beyond the Commissioner's authority. It was found that the salvage equipment was exempt from customs duty under Section 86(1) of the Customs Act and did not require import licenses as ship stores. The appellant had filed Bills of Entry, and the equipment was re-exported with proper Customs clearance. Penalties imposed were deemed unsustainable as the goods were not subject to confiscation. The appeal was allowed, and the Commissioner's order was overturned. Case-Laws Customs Wed, 11 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107123