https://www.taxtmi.com/caselaws?id=112043 The Appellate Tribunal CESTAT, Mumbai partially allowed the appeal in a case involving unauthorized import under a license, violation of Customs Act sections, confiscation of goods, re-export, and penalties. The Tribunal considered the circumstances, appellant's intentions, and legal precedents, reducing the redemption fine from Rs. 6 Lakhs to Rs. 25,000 and setting aside the penalty on the importer. The Tribunal directed reshipment within a month, acknowledging the lack of malice in the appellant's actions and adjusting fines and penalties accordingly. en-us Fri, 30 Jul 2004 00:00:00 +0530 Thu, 26 Apr 2012 13:32:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112043 The Appellate Tribunal CESTAT, Mumbai partially allowed the appeal in a case involving unauthorized import under a license, violation of Customs Act sections, confiscation of goods, re-export, and penalties. The Tribunal considered the circumstances, appellant's intentions, and legal precedents, reducing the redemption fine from Rs. 6 Lakhs to Rs. 25,000 and setting aside the penalty on the importer. The Tribunal directed reshipment within a month, acknowledging the lack of malice in the appellant's actions and adjusting fines and penalties accordingly. Case-Laws Customs Fri, 30 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112043