https://www.taxtmi.com/caselaws?id=338594 The Supreme Court upheld the tribunal's decision that the rig lost its status as a foreign going vessel upon entering Indian waters for repairs and was not imported for home consumption. The rig was found liable for confiscation under the Customs Act for non-compliance with import procedures, but the fine for redemption was reduced due to lack of deliberate violation. The appeals were dismissed without costs. en-us Thu, 02 Feb 2017 00:00:00 +0530 Wed, 05 Apr 2017 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338594 The Supreme Court upheld the tribunal's decision that the rig lost its status as a foreign going vessel upon entering Indian waters for repairs and was not imported for home consumption. The rig was found liable for confiscation under the Customs Act for non-compliance with import procedures, but the fine for redemption was reduced due to lack of deliberate violation. The appeals were dismissed without costs. Case-Laws Customs Thu, 02 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338594