https://www.taxtmi.com/caselaws?id=335994 The Tribunal ruled in favor of the appellant, holding that confiscation of goods without seizure or provisional release is illegal. The redemption fine was deemed unsustainable, and the penalty was reduced from Rs. 5 lakhs to Rs. 1 lakh due to excessive imposition. The denial of DEPB benefits was upheld, and the Tribunal modified the order, partially allowing the appeal and reducing the penalty imposed under Section 113(d) of the Customs Act, 1962. en-us Tue, 04 Oct 2016 00:00:00 +0530 Wed, 14 Dec 2016 11:00:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335994 The Tribunal ruled in favor of the appellant, holding that confiscation of goods without seizure or provisional release is illegal. The redemption fine was deemed unsustainable, and the penalty was reduced from Rs. 5 lakhs to Rs. 1 lakh due to excessive imposition. The denial of DEPB benefits was upheld, and the Tribunal modified the order, partially allowing the appeal and reducing the penalty imposed under Section 113(d) of the Customs Act, 1962. Case-Laws Customs Tue, 04 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335994