https://www.taxtmi.com/caselaws?id=113497 The Tribunal ruled in favor of the appellant, setting aside the Commissioner's order for confiscation of imported goods. It was held that the goods, covered by a valid carnet and meeting exemption requirements under Clause 3(P) of the Foreign Trade Order, were not subject to confiscation under Section 111(d) of the Customs Act. The Tribunal emphasized that goods temporarily imported for specific events, even if not cleared by Customs due to administrative formalities, are exempt from confiscation and licensing requirements. en-us Thu, 20 May 2004 00:00:00 +0530 Sat, 05 May 2012 15:43:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113497 The Tribunal ruled in favor of the appellant, setting aside the Commissioner's order for confiscation of imported goods. It was held that the goods, covered by a valid carnet and meeting exemption requirements under Clause 3(P) of the Foreign Trade Order, were not subject to confiscation under Section 111(d) of the Customs Act. The Tribunal emphasized that goods temporarily imported for specific events, even if not cleared by Customs due to administrative formalities, are exempt from confiscation and licensing requirements. Case-Laws Customs Thu, 20 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113497