https://www.taxtmi.com/caselaws?id=198512 The Tribunal upheld the Commissioner's decision on redemption fines and penalties, finding valid reasons for the lower amounts due to importer's explanation of goods discrepancy. The Tribunal ruled that the Litigation Policy applied, preventing Revenue's appeal for amounts below the threshold. Each Bill of Entry should be assessed separately, and the cumulative effect of fines and penalties cannot exceed the policy limit. Importer's clean record and satisfactory reasons supported the Commissioner's decision, leading to the rejection of Revenue's appeal on both procedural and substantive grounds. en-us Wed, 16 Nov 2016 00:00:00 +0530 Fri, 02 Feb 2018 09:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198512 The Tribunal upheld the Commissioner's decision on redemption fines and penalties, finding valid reasons for the lower amounts due to importer's explanation of goods discrepancy. The Tribunal ruled that the Litigation Policy applied, preventing Revenue's appeal for amounts below the threshold. Each Bill of Entry should be assessed separately, and the cumulative effect of fines and penalties cannot exceed the policy limit. Importer's clean record and satisfactory reasons supported the Commissioner's decision, leading to the rejection of Revenue's appeal on both procedural and substantive grounds. Case-Laws Customs Wed, 16 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198512