https://www.taxtmi.com/caselaws?id=170385 Old and used digital multifunction print and copier machines were treated as multi-functional goods, and the reduction of redemption fine and penalty was upheld because the lower appellate authority's approach aligned with prior decisions in similar cases. The Revenue's request for enhancement failed since no market enquiry was conducted under Section 125 of the Customs Act, 1962, and no margin of profit was established to justify higher amounts. The Tribunal also found that the cases cited by the Revenue did not warrant restoring the original fine and penalty, while the importers' circumstances supported the reduced quantum already ordered. en-us Wed, 03 Aug 2011 00:00:00 +0530 Thu, 30 Mar 2017 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170385 Old and used digital multifunction print and copier machines were treated as multi-functional goods, and the reduction of redemption fine and penalty was upheld because the lower appellate authority's approach aligned with prior decisions in similar cases. The Revenue's request for enhancement failed since no market enquiry was conducted under Section 125 of the Customs Act, 1962, and no margin of profit was established to justify higher amounts. The Tribunal also found that the cases cited by the Revenue did not warrant restoring the original fine and penalty, while the importers' circumstances supported the reduced quantum already ordered. Case-Laws Customs Wed, 03 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170385