https://www.taxtmi.com/caselaws?id=202938 The Tribunal upheld the denial of duty exemption claimed under Customs Notification No. 48/99 for goods imported by M/s. Sandip Exports, ordering a differential duty payment and confiscation under Sections 111(m) and 111(o) of the Customs Act. M/s. Ishwar Impex's claim of ownership post-detection of violations was rejected as untimely, with the Tribunal emphasizing the revenue implications. With the penalty on M/s. Sandip Exports set aside, allowing M/s. Ishwar Impex to clear the goods at normal duty and a nominal fine would harm public revenue. Thus, the Tribunal dismissed M/s. Ishwar Impex's appeal, vesting the confiscated goods in the Government. en-us Fri, 10 Dec 2010 00:00:00 +0530 Sun, 20 Jan 2013 20:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202938 The Tribunal upheld the denial of duty exemption claimed under Customs Notification No. 48/99 for goods imported by M/s. Sandip Exports, ordering a differential duty payment and confiscation under Sections 111(m) and 111(o) of the Customs Act. M/s. Ishwar Impex's claim of ownership post-detection of violations was rejected as untimely, with the Tribunal emphasizing the revenue implications. With the penalty on M/s. Sandip Exports set aside, allowing M/s. Ishwar Impex to clear the goods at normal duty and a nominal fine would harm public revenue. Thus, the Tribunal dismissed M/s. Ishwar Impex's appeal, vesting the confiscated goods in the Government. Case-Laws Customs Fri, 10 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202938