https://www.taxtmi.com/caselaws?id=121012 The Tribunal upheld the confiscation of Heavy Melting Scrap (HMS) due to unaccepted pre-shipment inspection certificates under Section 111(d) of the Customs Act. While recognizing subsequent agency approval and intended use, penalties were reduced from Rs. 20,000/- and Rs. 50,000/- to Rs. 12,500/- and Rs. 25,000/- for procedural violations. The Tribunal compared relevant case laws but affirmed the confiscation based on the absence of necessary certificates at the time of import. The decision focused on penalties reduction, acknowledging mitigating factors but ultimately supporting the Commissioner's actions. en-us Fri, 02 Mar 2007 00:00:00 +0530 Thu, 26 Jul 2012 10:30:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121012 The Tribunal upheld the confiscation of Heavy Melting Scrap (HMS) due to unaccepted pre-shipment inspection certificates under Section 111(d) of the Customs Act. While recognizing subsequent agency approval and intended use, penalties were reduced from Rs. 20,000/- and Rs. 50,000/- to Rs. 12,500/- and Rs. 25,000/- for procedural violations. The Tribunal compared relevant case laws but affirmed the confiscation based on the absence of necessary certificates at the time of import. The decision focused on penalties reduction, acknowledging mitigating factors but ultimately supporting the Commissioner's actions. Case-Laws Customs Fri, 02 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121012