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    <title>2021 (6) TMI 778 - Supreme Court</title>
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    <description>SC held that imports of beans, peas and pulses exceeding specified quantities constituted prohibited goods, not merely restricted goods, as they violated notification caps designed to protect domestic agricultural markets. The Court set aside HC orders directing release of confiscated goods, ruling that such orders rendered appeals redundant and ignored national economic interests. Goods were held liable to absolute confiscation under Section 125(1) of Customs Act, 1962, with discretionary option for re-export upon payment of redemption fine. The Court emphasized that importers&#039; personal interests could not override farmers&#039; welfare and national agricultural market economy protection.</description>
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    <pubDate>Thu, 17 Jun 2021 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=408882</link>
      <description>SC held that imports of beans, peas and pulses exceeding specified quantities constituted prohibited goods, not merely restricted goods, as they violated notification caps designed to protect domestic agricultural markets. The Court set aside HC orders directing release of confiscated goods, ruling that such orders rendered appeals redundant and ignored national economic interests. Goods were held liable to absolute confiscation under Section 125(1) of Customs Act, 1962, with discretionary option for re-export upon payment of redemption fine. The Court emphasized that importers&#039; personal interests could not override farmers&#039; welfare and national agricultural market economy protection.</description>
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      <pubDate>Thu, 17 Jun 2021 00:00:00 +0530</pubDate>
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