https://www.taxtmi.com/caselaws?id=269103 The Tribunal upheld the confiscation of goods but significantly reduced the redemption fine to Rs. 1 lakh, setting aside the penalty under Section 112(a) of the Customs Act. The appellant's appeal against the reduction of the redemption fine and penalty was partially allowed, with the Tribunal considering the technical breach and the appellant's heavy demurrage costs. The decision was based on precedents where port restrictions led to reduced fines, granting the appellant any consequential benefits in accordance with the law. en-us Fri, 15 May 2015 00:00:00 +0530 Fri, 08 Jan 2016 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269103 The Tribunal upheld the confiscation of goods but significantly reduced the redemption fine to Rs. 1 lakh, setting aside the penalty under Section 112(a) of the Customs Act. The appellant's appeal against the reduction of the redemption fine and penalty was partially allowed, with the Tribunal considering the technical breach and the appellant's heavy demurrage costs. The decision was based on precedents where port restrictions led to reduced fines, granting the appellant any consequential benefits in accordance with the law. Case-Laws Customs Fri, 15 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269103