https://www.taxtmi.com/caselaws?id=117488 The Tribunal classified the imported rig under Heading 8905.20, granting benefit under Notification No. 196/89 for concessional duty. Confiscation under Section 111(j) was deemed legal due to improper removal procedures. A redemption fine of Rs. 5 crores and penalty of Rs. 2 crores were upheld as reasonable. The Tribunal reduced duty demand in line with the benefit granted but dismissed the appeal, except for this modification. The judgment was pronounced on 27-2-2006, with directions for administrative review by the Delhi High Court on civil court jurisdiction in customs matters. en-us Mon, 27 Feb 2006 00:00:00 +0530 Sat, 23 Jun 2012 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117488 The Tribunal classified the imported rig under Heading 8905.20, granting benefit under Notification No. 196/89 for concessional duty. Confiscation under Section 111(j) was deemed legal due to improper removal procedures. A redemption fine of Rs. 5 crores and penalty of Rs. 2 crores were upheld as reasonable. The Tribunal reduced duty demand in line with the benefit granted but dismissed the appeal, except for this modification. The judgment was pronounced on 27-2-2006, with directions for administrative review by the Delhi High Court on civil court jurisdiction in customs matters. Case-Laws Customs Mon, 27 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117488