https://www.taxtmi.com/caselaws?id=435514 The Tribunal set aside the Chief Commissioner's rejection of the application for Compounding of Offence under Section 137(3) of the Customs Act, 1962. It ruled that the goods, gold bars, though imported illegally, were not 'prohibited goods' as per the ITC HS code. The Tribunal differentiated between 'prohibited items' and 'prohibited goods', emphasizing that the Chief Commissioner erred in deeming the application not maintainable based on the illegal importation of gold bars. The case was remanded for adjudication on merits, granting the appellant the opportunity to present supporting documents. en-us Thu, 16 Mar 2023 00:00:00 +0530 Wed, 22 Mar 2023 09:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435514 The Tribunal set aside the Chief Commissioner's rejection of the application for Compounding of Offence under Section 137(3) of the Customs Act, 1962. It ruled that the goods, gold bars, though imported illegally, were not 'prohibited goods' as per the ITC HS code. The Tribunal differentiated between 'prohibited items' and 'prohibited goods', emphasizing that the Chief Commissioner erred in deeming the application not maintainable based on the illegal importation of gold bars. The case was remanded for adjudication on merits, granting the appellant the opportunity to present supporting documents. Case-Laws Customs Thu, 16 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435514