https://www.taxtmi.com/caselaws?id=125881 Confiscation of eight second-hand printing machines kept separately and physically available in the factory was held unsustainable because there was no actual sale or disposal breaching the import policy restriction on sale within five years without prior permission, and confiscation was set aside as to those machines. The redemption fine and penalties on the imported machines were then reworked with reference to earlier Tribunal decisions and reduced significantly. A limited set-off was also directed if proof of payment for release of the eight machines was produced, leaving relief granted on the disputed machines and only the remaining liabilities sustained. en-us Thu, 12 Feb 2009 00:00:00 +0530 Wed, 31 Oct 2012 11:50:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125881 Confiscation of eight second-hand printing machines kept separately and physically available in the factory was held unsustainable because there was no actual sale or disposal breaching the import policy restriction on sale within five years without prior permission, and confiscation was set aside as to those machines. The redemption fine and penalties on the imported machines were then reworked with reference to earlier Tribunal decisions and reduced significantly. A limited set-off was also directed if proof of payment for release of the eight machines was produced, leaving relief granted on the disputed machines and only the remaining liabilities sustained. Case-Laws Customs Thu, 12 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125881