https://www.taxtmi.com/caselaws?id=115671 The Appellate Tribunal CESTAT, Mumbai, rejected the appeal, affirming the decision of the adjudicating Commissioner regarding the classification of imported goods under CTH 6002.93. The importers lacked the required license for clearance, resulting in confiscation under Section 111(d) of the Customs Act, 1962. The impugned goods were confiscated, with the option of redemption on payment of a fine and imposition of a penalty under Section 112(a) of the Customs Act. The Tribunal emphasized the importance of compliance with import regulations and upheld the penalty despite reducing the redemption fine for a first-time import. en-us Fri, 29 Jul 2005 00:00:00 +0530 Thu, 31 May 2012 18:49:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115671 The Appellate Tribunal CESTAT, Mumbai, rejected the appeal, affirming the decision of the adjudicating Commissioner regarding the classification of imported goods under CTH 6002.93. The importers lacked the required license for clearance, resulting in confiscation under Section 111(d) of the Customs Act, 1962. The impugned goods were confiscated, with the option of redemption on payment of a fine and imposition of a penalty under Section 112(a) of the Customs Act. The Tribunal emphasized the importance of compliance with import regulations and upheld the penalty despite reducing the redemption fine for a first-time import. Case-Laws Customs Fri, 29 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115671