https://www.taxtmi.com/caselaws?id=415524 The Tribunal partly allowed the appeal by setting aside the penalty imposed under Section 114A of the Customs Act, 1962. The Tribunal upheld the prohibition of imported goods under Section 11 of the Customs Act read with Rule 6 of the IPR Rules due to infringement of registered IPRs. It confirmed the confiscation of goods under various sections of the Customs Act for IPR violations and mis-declaration of value. The Tribunal emphasized procedural compliance by Right Holders and justified the re-determination of declared value through a joint market survey. Penalties under Sections 112 and 114A were not simultaneously imposed as per legal provisions. en-us Fri, 03 Dec 2021 00:00:00 +0530 Tue, 07 Dec 2021 20:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415524 The Tribunal partly allowed the appeal by setting aside the penalty imposed under Section 114A of the Customs Act, 1962. The Tribunal upheld the prohibition of imported goods under Section 11 of the Customs Act read with Rule 6 of the IPR Rules due to infringement of registered IPRs. It confirmed the confiscation of goods under various sections of the Customs Act for IPR violations and mis-declaration of value. The Tribunal emphasized procedural compliance by Right Holders and justified the re-determination of declared value through a joint market survey. Penalties under Sections 112 and 114A were not simultaneously imposed as per legal provisions. Case-Laws Customs Fri, 03 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415524