https://www.taxtmi.com/caselaws?id=237075 Imported marble slabs falling below the DGFT notification's USD 50 per sq. mt. threshold were held liable to confiscation, as the violation was established on the facts and ignorance of the notification was rejected for routinely traded goods. However, the redemption fine and penalty were moderated because the adjudicating authority had proceeded on an enhanced value even though the declared value was ultimately accepted, and the importer was a first-time importer. Confiscation was therefore upheld, while the monetary consequences were reduced. en-us Fri, 08 Feb 2013 00:00:00 +0530 Tue, 17 Sep 2013 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237075 Imported marble slabs falling below the DGFT notification's USD 50 per sq. mt. threshold were held liable to confiscation, as the violation was established on the facts and ignorance of the notification was rejected for routinely traded goods. However, the redemption fine and penalty were moderated because the adjudicating authority had proceeded on an enhanced value even though the declared value was ultimately accepted, and the importer was a first-time importer. Confiscation was therefore upheld, while the monetary consequences were reduced. Case-Laws Customs Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237075