https://www.taxtmi.com/caselaws?id=346437 The Tribunal upheld the imposition of redemption fine and penalty on imported goods due to the appellant's failure to obtain the necessary license for importing restricted goods under the Foreign Trade Policy. The appellant's argument of excessive fines was dismissed, emphasizing the importance of compliance with licensing requirements. The Tribunal deemed the imposed amounts justified and not excessive, ultimately dismissing the appeal and highlighting the significance of adhering to importation regulations. en-us Thu, 06 Jul 2017 00:00:00 +0530 Mon, 14 Aug 2017 07:41:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346437 The Tribunal upheld the imposition of redemption fine and penalty on imported goods due to the appellant's failure to obtain the necessary license for importing restricted goods under the Foreign Trade Policy. The appellant's argument of excessive fines was dismissed, emphasizing the importance of compliance with licensing requirements. The Tribunal deemed the imposed amounts justified and not excessive, ultimately dismissing the appeal and highlighting the significance of adhering to importation regulations. Case-Laws Customs Thu, 06 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346437