https://www.taxtmi.com/caselaws?id=406658 The Tribunal upheld the order for confiscation of goods, redemption fine of Rs. 7,00,000, and penalty of Rs. 3,00,000 under the Customs Act, 1962. The appellant imported restricted goods without a valid license, contravening import policy restrictions. The Tribunal found the imposed fines proportionate to the declared value of the goods and dismissed the appeal, emphasizing the importer's failure to comply with licensing regulations for the restricted goods. en-us Fri, 16 Apr 2021 00:00:00 +0530 Fri, 22 Oct 2021 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406658 The Tribunal upheld the order for confiscation of goods, redemption fine of Rs. 7,00,000, and penalty of Rs. 3,00,000 under the Customs Act, 1962. The appellant imported restricted goods without a valid license, contravening import policy restrictions. The Tribunal found the imposed fines proportionate to the declared value of the goods and dismissed the appeal, emphasizing the importer's failure to comply with licensing regulations for the restricted goods. Case-Laws Customs Fri, 16 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406658