https://www.taxtmi.com/caselaws?id=231293 The Tribunal upheld the decision of the Commissioner (Appeals) to penalize the respondent for importing goods without an Importer/Exporter Code (IEC) and rejected the department's appeal for confiscation of the goods. The Tribunal emphasized that the absence of an IEC did not justify confiscation since the goods had already undergone assessment and duty payment, and were not available for seizure. The decision highlighted the technical nature of the violation and upheld the lower authorities' rulings regarding the penalty under Section 117 of the Customs Act. en-us Fri, 30 Mar 2012 00:00:00 +0530 Thu, 25 Apr 2013 15:06:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=231293 The Tribunal upheld the decision of the Commissioner (Appeals) to penalize the respondent for importing goods without an Importer/Exporter Code (IEC) and rejected the department's appeal for confiscation of the goods. The Tribunal emphasized that the absence of an IEC did not justify confiscation since the goods had already undergone assessment and duty payment, and were not available for seizure. The decision highlighted the technical nature of the violation and upheld the lower authorities' rulings regarding the penalty under Section 117 of the Customs Act. Case-Laws Customs Fri, 30 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=231293