https://www.taxtmi.com/caselaws?id=170410 The Tribunal allowed the appeal against the imposition of redemption fine and penalties under Sections 111(d) and 111(m) of the Customs Act, 1962. It held that the appellants were entitled to the benefit of a later notification, making the goods non-restricted and not liable for confiscation or penalties. Despite discrepancies in documents, the Tribunal emphasized the appellants' entitlement to the notification's benefits, leading to the reversal of penalties. Compliance with import regulations and utilizing relevant notifications played a crucial role in the favorable outcome for the appellants. en-us Tue, 01 Mar 2011 00:00:00 +0530 Wed, 27 May 2015 11:53:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170410 The Tribunal allowed the appeal against the imposition of redemption fine and penalties under Sections 111(d) and 111(m) of the Customs Act, 1962. It held that the appellants were entitled to the benefit of a later notification, making the goods non-restricted and not liable for confiscation or penalties. Despite discrepancies in documents, the Tribunal emphasized the appellants' entitlement to the notification's benefits, leading to the reversal of penalties. Compliance with import regulations and utilizing relevant notifications played a crucial role in the favorable outcome for the appellants. Case-Laws Customs Tue, 01 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170410