https://www.taxtmi.com/caselaws?id=122571 The Tribunal set aside the order confirming penalties and confiscation of diamonds imposed on the appellant company. The allegations of manufacturing cut and polished diamonds were found to lack evidence, with discrepancies noted in the importation of rough diamonds for unauthorized manufacturing. The penalties were overturned as the case was deemed to hinge on incorrect grounds. The matter of returning the confiscated diamonds to the rightful owner was left to the authority for resolution in accordance with the law. en-us Thu, 19 Apr 2007 00:00:00 +0530 Tue, 14 Aug 2012 16:45:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122571 The Tribunal set aside the order confirming penalties and confiscation of diamonds imposed on the appellant company. The allegations of manufacturing cut and polished diamonds were found to lack evidence, with discrepancies noted in the importation of rough diamonds for unauthorized manufacturing. The penalties were overturned as the case was deemed to hinge on incorrect grounds. The matter of returning the confiscated diamonds to the rightful owner was left to the authority for resolution in accordance with the law. Case-Laws Customs Thu, 19 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122571