https://www.taxtmi.com/caselaws?id=117066 The Tribunal granted a stay on the impugned order passed by the Commissioner (Appeals) regarding the confiscation of secondhand machines imported without a license. The decision emphasized the importance of adhering to the import policy prevailing at the time of shipment, requiring specific licenses for imported goods. The Tribunal found the impugned order erroneous as the importer failed to comply with the import policy in effect during the shipment, leading to the stay being granted in favor of the Revenue. Compliance with import regulations is crucial to avoid confiscation and penalties under the Customs Act. en-us Mon, 19 Dec 2005 00:00:00 +0530 Tue, 19 Jun 2012 18:51:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117066 The Tribunal granted a stay on the impugned order passed by the Commissioner (Appeals) regarding the confiscation of secondhand machines imported without a license. The decision emphasized the importance of adhering to the import policy prevailing at the time of shipment, requiring specific licenses for imported goods. The Tribunal found the impugned order erroneous as the importer failed to comply with the import policy in effect during the shipment, leading to the stay being granted in favor of the Revenue. Compliance with import regulations is crucial to avoid confiscation and penalties under the Customs Act. Case-Laws Customs Mon, 19 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117066