https://www.taxtmi.com/caselaws?id=121280 The Tribunal upheld the confiscation of goods imported under forged DEPB licenses, confirming that such licenses are void ab initio and provide no legal benefits. The Commissioner (Appeals)'s decision to overturn the original orders was rejected. The Tribunal also addressed penalties under Section 112 of the Customs Act, 1962, noting that penalties cannot replace confiscation fines, as per Section 125. Consequently, penalties imposed in lieu of confiscation were set aside, while others were confirmed. The appeals were allowed, restoring the original orders, underscoring the illegality of forged licenses and clarifying penalty procedures. en-us Thu, 22 Mar 2007 00:00:00 +0530 Tue, 30 Jan 2024 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121280 The Tribunal upheld the confiscation of goods imported under forged DEPB licenses, confirming that such licenses are void ab initio and provide no legal benefits. The Commissioner (Appeals)'s decision to overturn the original orders was rejected. The Tribunal also addressed penalties under Section 112 of the Customs Act, 1962, noting that penalties cannot replace confiscation fines, as per Section 125. Consequently, penalties imposed in lieu of confiscation were set aside, while others were confirmed. The appeals were allowed, restoring the original orders, underscoring the illegality of forged licenses and clarifying penalty procedures. Case-Laws Customs Thu, 22 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121280