https://www.taxtmi.com/caselaws?id=107375 The case involved issues regarding the validity of an import licence for riboflavin vitamin B2, transfer of licences between companies, compliance with customs regulations, and confiscation of goods with penalties imposed. The Tribunal upheld the Commissioner's decision to confiscate goods and impose penalties due to discrepancies in licence transfer and lack of compliance with customs regulations. However, the penalty was set aside as the appellant was inadvertently involved in a dispute between the original licensee and the Custom House, leading to a partial appeal success. en-us Wed, 12 Mar 2003 00:00:00 +0530 Thu, 22 Mar 2012 10:35:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107375 The case involved issues regarding the validity of an import licence for riboflavin vitamin B2, transfer of licences between companies, compliance with customs regulations, and confiscation of goods with penalties imposed. The Tribunal upheld the Commissioner's decision to confiscate goods and impose penalties due to discrepancies in licence transfer and lack of compliance with customs regulations. However, the penalty was set aside as the appellant was inadvertently involved in a dispute between the original licensee and the Custom House, leading to a partial appeal success. Case-Laws Customs Wed, 12 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107375