https://www.taxtmi.com/caselaws?id=438974 The Tribunal modified the adjudicating authority's order, setting aside the absolute confiscation and re-export condition. It allowed the appellant to redeem the goods on payment of a fine of Rs. 75,000 and a penalty of Rs. 30,000, recognizing the goods as restricted rather than prohibited. The appeal and miscellaneous applications were disposed of accordingly, permitting the appellant to retain the goods for use in their factory without the need for re-export. en-us Fri, 09 Jun 2023 00:00:00 +0530 Sat, 03 Feb 2024 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438974 The Tribunal modified the adjudicating authority's order, setting aside the absolute confiscation and re-export condition. It allowed the appellant to redeem the goods on payment of a fine of Rs. 75,000 and a penalty of Rs. 30,000, recognizing the goods as restricted rather than prohibited. The appeal and miscellaneous applications were disposed of accordingly, permitting the appellant to retain the goods for use in their factory without the need for re-export. Case-Laws Customs Fri, 09 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438974