https://www.taxtmi.com/caselaws?id=339940 Import without an Import Export Code could attract confiscation under the Customs Act, but the lapse was treated as remediable where the goods were not prohibited and there was no allegation of duty evasion or suppression. The adjudicating authority also found no special commercial advantage and considered any fine or penalty only nominal. On that factual basis, the order dropping confiscation proceedings and consequential penalty was upheld, and the Revenue's challenge was rejected. en-us Fri, 14 Oct 2016 00:00:00 +0530 Tue, 06 Feb 2018 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339940 Import without an Import Export Code could attract confiscation under the Customs Act, but the lapse was treated as remediable where the goods were not prohibited and there was no allegation of duty evasion or suppression. The adjudicating authority also found no special commercial advantage and considered any fine or penalty only nominal. On that factual basis, the order dropping confiscation proceedings and consequential penalty was upheld, and the Revenue's challenge was rejected. Case-Laws Customs Fri, 14 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339940