https://www.taxtmi.com/caselaws?id=170306 The Tribunal upheld the confiscation, redemption fine, and penalty in a case involving the import of rough marble slabs below the specified value, leading to confiscation under Sec. 111(d) of the Customs Act, 1962. The appellants failed to produce a valid license for import, and despite offering to produce Special Import Licenses (SILs) for debiting, the Commissioner enhanced the value for assessment purposes. The Tribunal dismissed the appeals, citing the appellants' awareness of the licensing requirement and previous illegal imports without a valid license, affirming the Commissioner's decision as reasonable and in line with preventing illegal imports. en-us Tue, 02 Nov 2010 00:00:00 +0530 Fri, 22 May 2015 11:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170306 The Tribunal upheld the confiscation, redemption fine, and penalty in a case involving the import of rough marble slabs below the specified value, leading to confiscation under Sec. 111(d) of the Customs Act, 1962. The appellants failed to produce a valid license for import, and despite offering to produce Special Import Licenses (SILs) for debiting, the Commissioner enhanced the value for assessment purposes. The Tribunal dismissed the appeals, citing the appellants' awareness of the licensing requirement and previous illegal imports without a valid license, affirming the Commissioner's decision as reasonable and in line with preventing illegal imports. Case-Laws Customs Tue, 02 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170306