https://www.taxtmi.com/caselaws?id=118717 Penalty was not sustainable where the adjudicating authority had accepted bona fide belief and absence of mala fide intention to evade duty, so the condition for imposing penalty was not met and the penalty was set aside. Confiscation of the imported goods was nevertheless upheld because the import violated the applicable import policy, but the redemption fine was reduced as the fine had to be proportionate to the bona fide use of the goods and their value. The appeal succeeded only to that limited extent, with confiscation maintained. en-us Thu, 26 May 2005 00:00:00 +0530 Thu, 05 Jul 2012 12:52:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118717 Penalty was not sustainable where the adjudicating authority had accepted bona fide belief and absence of mala fide intention to evade duty, so the condition for imposing penalty was not met and the penalty was set aside. Confiscation of the imported goods was nevertheless upheld because the import violated the applicable import policy, but the redemption fine was reduced as the fine had to be proportionate to the bona fide use of the goods and their value. The appeal succeeded only to that limited extent, with confiscation maintained. Case-Laws Customs Thu, 26 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118717