Redemption fine of 10% and penalty of 5% on imports upheld for Exim Policy violations by larger Bench.

Redemption fine of 10% and penalty of 5% on imports upheld for Exim Policy violations by larger Bench. https://www.taxtmi.com/highlights?id=48945 Reduction redemption fine & penalty - when the larger Bench has taken the view that redemption fine of 10% and penalty of 5% of the value of the imported goods, would be appropriate in case of import violating Exim Policy Provisions then no reason to interfere with the findings of the Ld. Commissioner (Appeals) en-us Thu, 29 Aug 2019 07:32:01 +0530 Thu, 29 Aug 2019 07:32:01 +0530 TaxTMI RSS Generator Redemption fine of 10% and penalty of 5% on imports upheld for Exim Policy violations by larger Bench. https://www.taxtmi.com/highlights?id=48945 Reduction redemption fine & penalty - when the larger Bench has taken the view that redemption fine of 10% and penalty of 5% of the value of the imported goods, would be appropriate in case of import violating Exim Policy Provisions then no reason to interfere with the findings of the Ld. Commissioner (Appeals) Highlights Customs Thu, 29 Aug 2019 07:32:01 +0530 https://www.taxtmi.com/highlights?id=48945