https://www.taxtmi.com/caselaws?id=327194 The tribunal upheld penalties and vehicle confiscation under Sections 112 and 115 of the Customs Act, 1962, due to strong evidence of smuggling activities. However, it reduced the redemption fine to 25% of auction price to account for vehicle depreciation, balancing justice and financial burden. The appellants' appeals were partially allowed solely for the adjustment of the redemption fine. en-us Fri, 29 Apr 2016 00:00:00 +0530 Thu, 05 May 2016 00:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327194 The tribunal upheld penalties and vehicle confiscation under Sections 112 and 115 of the Customs Act, 1962, due to strong evidence of smuggling activities. However, it reduced the redemption fine to 25% of auction price to account for vehicle depreciation, balancing justice and financial burden. The appellants' appeals were partially allowed solely for the adjustment of the redemption fine. Case-Laws Customs Fri, 29 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327194