https://www.taxtmi.com/caselaws?id=117767 The Tribunal allowed the appeal, overturning the confiscation of goods, penalty, and redemption fine imposed under the Customs Act, 1962. It was found that the excess reels were inadvertently supplied by the foreign supplier, and the goods qualified for exemption under a specific notification due to the appellant's 100% E.O.U. status. The Tribunal determined no mala fide intent and granted relief, deeming the penalties unwarranted. The appeal was allowed on 10-3-2006, providing a favorable outcome to the appellant. en-us Fri, 10 Mar 2006 00:00:00 +0530 Tue, 26 Jun 2012 13:44:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117767 The Tribunal allowed the appeal, overturning the confiscation of goods, penalty, and redemption fine imposed under the Customs Act, 1962. It was found that the excess reels were inadvertently supplied by the foreign supplier, and the goods qualified for exemption under a specific notification due to the appellant's 100% E.O.U. status. The Tribunal determined no mala fide intent and granted relief, deeming the penalties unwarranted. The appeal was allowed on 10-3-2006, providing a favorable outcome to the appellant. Case-Laws Customs Fri, 10 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117767