https://www.taxtmi.com/caselaws?id=240796 The tribunal ruled against the applicants, finding that the imported old and used mobile phones violated the EXIM Policy. The applicants failed to convince the tribunal that the phones were capital goods for software development, leading to the confiscation of the phones. The tribunal directed the applicants to make a 50% pre-deposit of the penalty within four weeks, with the remaining penalty amount to be waived upon compliance. This decision aimed to balance the parties' interests by requiring a partial pre-deposit while providing relief from the full penalty amount during the appeal process. en-us Mon, 13 Jun 2011 00:00:00 +0530 Thu, 12 Dec 2013 09:09:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240796 The tribunal ruled against the applicants, finding that the imported old and used mobile phones violated the EXIM Policy. The applicants failed to convince the tribunal that the phones were capital goods for software development, leading to the confiscation of the phones. The tribunal directed the applicants to make a 50% pre-deposit of the penalty within four weeks, with the remaining penalty amount to be waived upon compliance. This decision aimed to balance the parties' interests by requiring a partial pre-deposit while providing relief from the full penalty amount during the appeal process. Case-Laws Customs Mon, 13 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240796