https://www.taxtmi.com/caselaws?id=342708 The Tribunal reduced redemption fines and penalties to 10% and 5% of the value of goods for importers of second-hand photocopiers without valid licenses, aligning with consistent judicial precedent. The decision emphasized uniformity in penalties imposed for violating the Foreign Trade Policy, following key cases and clarifications by the Supreme Court on importability of photocopiers as capital goods. The order, pronounced on 08/05/2017, reflected the Tribunal's adherence to established legal standards in determining fines and penalties. en-us Mon, 08 May 2017 00:00:00 +0530 Wed, 10 May 2017 07:25:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342708 The Tribunal reduced redemption fines and penalties to 10% and 5% of the value of goods for importers of second-hand photocopiers without valid licenses, aligning with consistent judicial precedent. The decision emphasized uniformity in penalties imposed for violating the Foreign Trade Policy, following key cases and clarifications by the Supreme Court on importability of photocopiers as capital goods. The order, pronounced on 08/05/2017, reflected the Tribunal's adherence to established legal standards in determining fines and penalties. Case-Laws Customs Mon, 08 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342708