https://www.taxtmi.com/caselaws?id=439137 The Tribunal upheld the imposition of redemption fine and penalty on imported old and used worn clothing, classifying the goods under Tariff Item No.63090000. The Tribunal dismissed the Revenue's appeal for further enhancement, citing sufficiency to meet the ends of justice. Additionally, the Tribunal confirmed the confiscation of goods due to non-compliance with licensing requirements under the Foreign Trade Policy, reducing the redemption fine to 10% and penalty to 5% of the assessed value in the interest of justice. The impugned order was upheld, and the appeals by the Revenue were dismissed. en-us Thu, 15 Jun 2023 00:00:00 +0530 Sat, 17 Jun 2023 09:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439137 The Tribunal upheld the imposition of redemption fine and penalty on imported old and used worn clothing, classifying the goods under Tariff Item No.63090000. The Tribunal dismissed the Revenue's appeal for further enhancement, citing sufficiency to meet the ends of justice. Additionally, the Tribunal confirmed the confiscation of goods due to non-compliance with licensing requirements under the Foreign Trade Policy, reducing the redemption fine to 10% and penalty to 5% of the assessed value in the interest of justice. The impugned order was upheld, and the appeals by the Revenue were dismissed. Case-Laws Customs Thu, 15 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439137