https://www.taxtmi.com/caselaws?id=248475 The court upheld the confiscation of goods and imposed a Rs. 40 lakh fine. The penalty of Rs. 10 lakhs on the appellant-firm was also upheld. The appellant was ineligible for concessional duty under Notification No. 55/2003, liable for differential duty and interest. Penalties on individual officials of the appellant-firm and the foreign supplier's India office were set aside. The penalty on the CHA was reduced. en-us Wed, 20 Feb 2013 00:00:00 +0530 Fri, 13 Jun 2014 10:31:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248475 The court upheld the confiscation of goods and imposed a Rs. 40 lakh fine. The penalty of Rs. 10 lakhs on the appellant-firm was also upheld. The appellant was ineligible for concessional duty under Notification No. 55/2003, liable for differential duty and interest. Penalties on individual officials of the appellant-firm and the foreign supplier's India office were set aside. The penalty on the CHA was reduced. Case-Laws Customs Wed, 20 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248475