https://www.taxtmi.com/caselaws?id=341233 The judgment focused on the confiscation of goods under the Customs Act, 1962, involving the recovery of Eskuff Cough Syrup from a godown with disputed ownership. The Adjudicating Authority upheld the confiscation, redemption fine, and penalties imposed on the claimants for deliberate manipulation leading to illegal export. While the penalty under Section 114 was justified, the redemption fine and penalty amounts were reduced due to excessive initial imposition, resulting in fines of Rs. 10,00,000 and penalties of Rs. 5,00,000 each on the appellants. en-us Tue, 28 Mar 2017 00:00:00 +0530 Tue, 03 Oct 2017 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341233 The judgment focused on the confiscation of goods under the Customs Act, 1962, involving the recovery of Eskuff Cough Syrup from a godown with disputed ownership. The Adjudicating Authority upheld the confiscation, redemption fine, and penalties imposed on the claimants for deliberate manipulation leading to illegal export. While the penalty under Section 114 was justified, the redemption fine and penalty amounts were reduced due to excessive initial imposition, resulting in fines of Rs. 10,00,000 and penalties of Rs. 5,00,000 each on the appellants. Case-Laws Customs Tue, 28 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341233