https://www.taxtmi.com/caselaws?id=366229 The appeal by M/s Suman Metals challenging the confiscation of imported 'stainless steel secondary defective pipes grade 437' and imposition of penalties under the Customs Act, 1962 was partially allowed. The goods, deemed 'old and used,' were subject to penalties for import restriction violations. Despite arguments questioning the basis of the examination report and the nature of the goods, the order upholding confiscation was deemed appropriate. However, the Tribunal permitted redemption for home consumption upon payment of a reduced fine, ultimately reducing the imposed penalty significantly. en-us Wed, 29 Aug 2018 00:00:00 +0530 Fri, 06 Mar 2020 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366229 The appeal by M/s Suman Metals challenging the confiscation of imported 'stainless steel secondary defective pipes grade 437' and imposition of penalties under the Customs Act, 1962 was partially allowed. The goods, deemed 'old and used,' were subject to penalties for import restriction violations. Despite arguments questioning the basis of the examination report and the nature of the goods, the order upholding confiscation was deemed appropriate. However, the Tribunal permitted redemption for home consumption upon payment of a reduced fine, ultimately reducing the imposed penalty significantly. Case-Laws Customs Wed, 29 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366229