https://www.taxtmi.com/caselaws?id=234382 The Tribunal upheld the confiscation of non-Basmati Rice valued at approximately Rs. 1.59 crores, declared as Basmati for export, but reduced the redemption fine and penalties to 10% of the Rice's value. The penalties imposed on the Customs House Agent (CHA) and its Director were overturned due to insufficient evidence of their active involvement in the export of non-Basmati Rice, granting them consequential relief. en-us Thu, 14 Mar 2013 00:00:00 +0530 Mon, 26 Aug 2013 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234382 The Tribunal upheld the confiscation of non-Basmati Rice valued at approximately Rs. 1.59 crores, declared as Basmati for export, but reduced the redemption fine and penalties to 10% of the Rice's value. The penalties imposed on the Customs House Agent (CHA) and its Director were overturned due to insufficient evidence of their active involvement in the export of non-Basmati Rice, granting them consequential relief. Case-Laws Customs Thu, 14 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234382