https://www.taxtmi.com/caselaws?id=333204 The Tribunal ruled in favor of the appellants in a case involving the import of old photocopier spares, finding that the penalties imposed were unjustified. The Tribunal determined that the imported goods were parts of old photocopiers, not complete second-hand photocopiers, making previous case laws cited by the appellants inapplicable. The redemption fine and penalty were reduced to 10% and 5% of the assessable value of the goods, respectively, based on precedents, granting the appellants relief in the form of reduced financial liabilities. en-us Fri, 15 Jul 2016 00:00:00 +0530 Wed, 10 May 2017 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333204 The Tribunal ruled in favor of the appellants in a case involving the import of old photocopier spares, finding that the penalties imposed were unjustified. The Tribunal determined that the imported goods were parts of old photocopiers, not complete second-hand photocopiers, making previous case laws cited by the appellants inapplicable. The redemption fine and penalty were reduced to 10% and 5% of the assessable value of the goods, respectively, based on precedents, granting the appellants relief in the form of reduced financial liabilities. Case-Laws Customs Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333204