https://www.taxtmi.com/caselaws?id=247519 The appeal filed by the Revenue against the reduction of penalties and the requirement of payment of Customs duty in town seizures was rejected. The Commissioner (Appeals) had reduced the penalties without sufficient grounds for challenge by the Revenue. The Customs Act, 1962, specifies that duty is presumed to be included in the value of confiscated goods in town seizures, and no separate duty payment is required from the person from whose possession the goods are seized. The definition of 'importer' under Section 2(26) also supports this interpretation. en-us Fri, 30 Aug 2013 00:00:00 +0530 Wed, 14 May 2014 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247519 The appeal filed by the Revenue against the reduction of penalties and the requirement of payment of Customs duty in town seizures was rejected. The Commissioner (Appeals) had reduced the penalties without sufficient grounds for challenge by the Revenue. The Customs Act, 1962, specifies that duty is presumed to be included in the value of confiscated goods in town seizures, and no separate duty payment is required from the person from whose possession the goods are seized. The definition of 'importer' under Section 2(26) also supports this interpretation. Case-Laws Customs Fri, 30 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247519