https://www.taxtmi.com/caselaws?id=418928 The appeal was allowed, setting aside the Commissioner's order for confiscation and penalty under the Customs Act, 1962. The goods were deemed freely importable based on their prime quality and CIF value, contradicting the initial classification as restricted. The judgment highlighted the necessity for a comprehensive and lawful assessment, leading to the unsustainability of the imposed penalties. en-us Tue, 22 Feb 2022 00:00:00 +0530 Wed, 17 Aug 2022 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418928 The appeal was allowed, setting aside the Commissioner's order for confiscation and penalty under the Customs Act, 1962. The goods were deemed freely importable based on their prime quality and CIF value, contradicting the initial classification as restricted. The judgment highlighted the necessity for a comprehensive and lawful assessment, leading to the unsustainability of the imposed penalties. Case-Laws Customs Tue, 22 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418928