https://www.taxtmi.com/caselaws?id=121716 The Tribunal acknowledged errors in Final Order No. 53/2007 where confiscated gold bars and a car were disposed of prematurely. The appellant sought redemption of the gold bars and reduction of penalties. The Tribunal amended the order, directing the Commissioner to determine fines and penalties from sale proceeds, reducing the car fine and appellant's penalty. Subsequent disposal of goods during the appeal led to adjustments in the final order to reflect current circumstances. The Tribunal emphasized fairness and consistency in applying penalties, ensuring compliance with legal provisions and precedents. en-us Wed, 09 May 2007 00:00:00 +0530 Wed, 22 Nov 2017 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121716 The Tribunal acknowledged errors in Final Order No. 53/2007 where confiscated gold bars and a car were disposed of prematurely. The appellant sought redemption of the gold bars and reduction of penalties. The Tribunal amended the order, directing the Commissioner to determine fines and penalties from sale proceeds, reducing the car fine and appellant's penalty. Subsequent disposal of goods during the appeal led to adjustments in the final order to reflect current circumstances. The Tribunal emphasized fairness and consistency in applying penalties, ensuring compliance with legal provisions and precedents. Case-Laws Customs Wed, 09 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121716