https://www.taxtmi.com/caselaws?id=295175 The appellate tribunal upheld the impugned order, rejecting the Revenue's appeal to increase the redemption fine and personal penalty imposed on the importer for importing old and used clothing in violation of Import Trade Control restrictions. The tribunal cited precedent, affirming a redemption fine of 10% and a penalty of 5% of the imported goods' value as appropriate deterrents for such violations. en-us Thu, 12 Dec 2019 00:00:00 +0530 Sat, 22 May 2021 08:24:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295175 The appellate tribunal upheld the impugned order, rejecting the Revenue's appeal to increase the redemption fine and personal penalty imposed on the importer for importing old and used clothing in violation of Import Trade Control restrictions. The tribunal cited precedent, affirming a redemption fine of 10% and a penalty of 5% of the imported goods' value as appropriate deterrents for such violations. Case-Laws Customs Thu, 12 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295175