https://www.taxtmi.com/caselaws?id=203196 The Supreme Court upheld the confiscation of goods for violating the ITC Policy, with an option for redemption on payment of a fine. The setting aside of personal penalties imposed was contested but deemed final and binding as no appeal was made. The dispute over short levy due to a change in classification was set aside for reconsideration. The mis-declaration of imported machines was upheld, with the case referred back for quantification of duty payment. The quantum of personal penalty was remanded for reconsideration. Appeals against personal penalties imposed on certain individuals were allowed, with the Court upholding the Tribunal's decision and directing parties to bear their own costs. en-us Wed, 04 May 2011 00:00:00 +0530 Sat, 07 May 2011 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203196 The Supreme Court upheld the confiscation of goods for violating the ITC Policy, with an option for redemption on payment of a fine. The setting aside of personal penalties imposed was contested but deemed final and binding as no appeal was made. The dispute over short levy due to a change in classification was set aside for reconsideration. The mis-declaration of imported machines was upheld, with the case referred back for quantification of duty payment. The quantum of personal penalty was remanded for reconsideration. Appeals against personal penalties imposed on certain individuals were allowed, with the Court upholding the Tribunal's decision and directing parties to bear their own costs. Case-Laws Customs Wed, 04 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203196