https://www.taxtmi.com/caselaws?id=374124 The Tribunal upheld the classification of imported goods under heading 27101290, leading to confiscation under the Customs Act. The redemption fine was reduced from Rs. 82,00,000 to Rs. 40,00,000, and the penalty decreased from Rs. 54,00,000 to Rs. 25,00,000 based on a previous decision. The appeal was disposed of in favor of the Revenue with modifications to the penalty amounts. en-us Thu, 03 Jan 2019 00:00:00 +0530 Fri, 25 Jan 2019 09:28:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374124 The Tribunal upheld the classification of imported goods under heading 27101290, leading to confiscation under the Customs Act. The redemption fine was reduced from Rs. 82,00,000 to Rs. 40,00,000, and the penalty decreased from Rs. 54,00,000 to Rs. 25,00,000 based on a previous decision. The appeal was disposed of in favor of the Revenue with modifications to the penalty amounts. Case-Laws Customs Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374124