https://www.taxtmi.com/caselaws?id=438802 Imported old and used worn clothing was treated as restricted goods requiring a valid specific licence, and confiscation under Section 111(d) of the Customs Act, 1962 was sustained for non-compliance with the licensing requirement. The Tribunal held that the reduced redemption fine and penalty confirmed by the Commissioner (Appeals) were adequate on the facts and consistent with the ends of justice, relying on Venus Traders. It found no infirmity in the reduced amounts and declined to restore the higher quantum sought by the Revenue. en-us Fri, 02 Jun 2023 00:00:00 +0530 Thu, 08 Jun 2023 21:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438802 Imported old and used worn clothing was treated as restricted goods requiring a valid specific licence, and confiscation under Section 111(d) of the Customs Act, 1962 was sustained for non-compliance with the licensing requirement. The Tribunal held that the reduced redemption fine and penalty confirmed by the Commissioner (Appeals) were adequate on the facts and consistent with the ends of justice, relying on Venus Traders. It found no infirmity in the reduced amounts and declined to restore the higher quantum sought by the Revenue. Case-Laws Customs Fri, 02 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438802