https://www.taxtmi.com/caselaws?id=441036 Import of restricted old and used worn clothing without the mandatory licence justified confiscation under Section 111(d) of the Customs Act, 1962. The Tribunal held that confiscation could stand for breach of the licensing requirement, but redemption fine and penalty had to remain reasonable and proportionate to the ascertained value and the facts of the case. On that basis, the Commissioner (Appeals)' reduced fine and penalty were found adequate, and the Revenue's request for enhancement was rejected. en-us Fri, 02 Jun 2023 00:00:00 +0530 Tue, 01 Aug 2023 09:01:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441036 Import of restricted old and used worn clothing without the mandatory licence justified confiscation under Section 111(d) of the Customs Act, 1962. The Tribunal held that confiscation could stand for breach of the licensing requirement, but redemption fine and penalty had to remain reasonable and proportionate to the ascertained value and the facts of the case. On that basis, the Commissioner (Appeals)' reduced fine and penalty were found adequate, and the Revenue's request for enhancement was rejected. Case-Laws Customs Fri, 02 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441036