https://www.taxtmi.com/caselaws?id=124427 The Commissioner (Appeals) set aside the confiscation of 87.345 MT of waste oil but upheld the confiscation of 2.871 MT, reducing the penalty. The Revenue appealed against setting aside the confiscation of 87.345 MT of waste oil. The Tribunal referred the case to a Larger Bench to resolve conflicting views on imposing a fine in lieu of confiscation when goods are unavailable for confiscation under Section 125 of the Customs Act, 1962. en-us Fri, 01 Aug 2008 00:00:00 +0530 Thu, 31 Aug 2017 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124427 The Commissioner (Appeals) set aside the confiscation of 87.345 MT of waste oil but upheld the confiscation of 2.871 MT, reducing the penalty. The Revenue appealed against setting aside the confiscation of 87.345 MT of waste oil. The Tribunal referred the case to a Larger Bench to resolve conflicting views on imposing a fine in lieu of confiscation when goods are unavailable for confiscation under Section 125 of the Customs Act, 1962. Case-Laws Customs Fri, 01 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124427