https://www.taxtmi.com/caselaws?id=125980 The Tribunal upheld the Commissioner's decision to confiscate an imported consignment of Rough Marble Blocks of Iranian Origin due to non-production of a Specific Import Licence (SIL). The Tribunal rejected the Revenue's appeal against the redemption fine and penalty imposed, citing discrepancies in the market price calculation and lack of specific data on the marble blocks' quality and origin. Emphasizing the technical grounds and lack of justification for interference, the Tribunal supported the lower redemption fine set by the Commissioner, ultimately dismissing the Revenue's appeals. en-us Thu, 15 Jan 2009 00:00:00 +0530 Thu, 01 Nov 2012 10:43:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125980 The Tribunal upheld the Commissioner's decision to confiscate an imported consignment of Rough Marble Blocks of Iranian Origin due to non-production of a Specific Import Licence (SIL). The Tribunal rejected the Revenue's appeal against the redemption fine and penalty imposed, citing discrepancies in the market price calculation and lack of specific data on the marble blocks' quality and origin. Emphasizing the technical grounds and lack of justification for interference, the Tribunal supported the lower redemption fine set by the Commissioner, ultimately dismissing the Revenue's appeals. Case-Laws Customs Thu, 15 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125980