https://www.taxtmi.com/caselaws?id=112111 The Tribunal set aside the Commissioner of Customs, Ahmedabad's order imposing fines and penalties under the Customs Act on various parties, including M/s. Export Trade Corporation Ltd. and M/s. Delta Marine Services. The fines and penalties, based on confiscation of the vessel and furnace oil, were deemed unjustified as the misdeclaration of furnace oil as ship stores did not warrant such severe actions. The Tribunal found no legal basis for the penalties and confiscation, leading to a reversal of the initial decision and allowing the appeals. en-us Tue, 25 May 2004 00:00:00 +0530 Thu, 26 Apr 2012 16:26:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112111 The Tribunal set aside the Commissioner of Customs, Ahmedabad's order imposing fines and penalties under the Customs Act on various parties, including M/s. Export Trade Corporation Ltd. and M/s. Delta Marine Services. The fines and penalties, based on confiscation of the vessel and furnace oil, were deemed unjustified as the misdeclaration of furnace oil as ship stores did not warrant such severe actions. The Tribunal found no legal basis for the penalties and confiscation, leading to a reversal of the initial decision and allowing the appeals. Case-Laws Customs Tue, 25 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112111