https://www.taxtmi.com/caselaws?id=370282 The Tribunal upheld the confiscation under section 111(d) of the Customs Act, 1962, for importing garments without a required license. It reduced the redemption fine and penalty percentages, disposing of the appeals with revised penalties to serve the ends of justice. The judgment focused on the compliance with licensing requirements and the validity of the market survey conducted in 2007, ultimately emphasizing the necessity of following Customs Valuation Rules for proper valuation of goods. en-us Tue, 06 Nov 2018 00:00:00 +0530 Sat, 06 Apr 2019 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370282 The Tribunal upheld the confiscation under section 111(d) of the Customs Act, 1962, for importing garments without a required license. It reduced the redemption fine and penalty percentages, disposing of the appeals with revised penalties to serve the ends of justice. The judgment focused on the compliance with licensing requirements and the validity of the market survey conducted in 2007, ultimately emphasizing the necessity of following Customs Valuation Rules for proper valuation of goods. Case-Laws Customs Tue, 06 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370282