https://www.taxtmi.com/caselaws?id=271396 The Tribunal upheld the confiscation of the machinery and melting scrap but reduced the penalty from &8377; 3 lakhs to &8377; 50,000. The appellant's status as an actual user and lack of malafide intent were considered, leading to the reduction in penalty. The appeal was partly allowed, maintaining the impugned order with a decreased penalty amount. en-us Mon, 25 Jan 2016 00:00:00 +0530 Thu, 04 Feb 2016 07:00:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271396 The Tribunal upheld the confiscation of the machinery and melting scrap but reduced the penalty from &8377; 3 lakhs to &8377; 50,000. The appellant's status as an actual user and lack of malafide intent were considered, leading to the reduction in penalty. The appeal was partly allowed, maintaining the impugned order with a decreased penalty amount. Case-Laws Customs Mon, 25 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271396