https://www.taxtmi.com/caselaws?id=120767 The Tribunal upheld the confiscation of imported sewing machines due to misdeclaration, reducing the redemption fine to Rs. 10 lakhs and the penalty to Rs. 1 lakh. The appellants were allowed to clear the goods under the EPCG scheme upon payment of the revised fine and penalty, acknowledging their intent to evade duty payment. en-us Thu, 11 Jan 2007 00:00:00 +0530 Tue, 24 Jul 2012 12:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120767 The Tribunal upheld the confiscation of imported sewing machines due to misdeclaration, reducing the redemption fine to Rs. 10 lakhs and the penalty to Rs. 1 lakh. The appellants were allowed to clear the goods under the EPCG scheme upon payment of the revised fine and penalty, acknowledging their intent to evade duty payment. Case-Laws Customs Thu, 11 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120767