https://www.taxtmi.com/caselaws?id=441036 The Tribunal upheld the redemption fine and penalty imposed on the respondent for importing old and used worn clothing without the required license. The penalties were reduced to 10% and 5% of the assessed value, respectively, in line with justice. The Tribunal affirmed the confiscation of goods under Section 111(d) of the Customs Act, 1962, emphasizing the importance of accurate declarations and compliance with licensing regulations. The appeals filed by the Revenue were dismissed, and the judgment was pronounced in open court, concluding the legal proceedings. 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 The Tribunal upheld the redemption fine and penalty imposed on the respondent for importing old and used worn clothing without the required license. The penalties were reduced to 10% and 5% of the assessed value, respectively, in line with justice. The Tribunal affirmed the confiscation of goods under Section 111(d) of the Customs Act, 1962, emphasizing the importance of accurate declarations and compliance with licensing regulations. The appeals filed by the Revenue were dismissed, and the judgment was pronounced in open court, concluding the legal proceedings. Case-Laws Customs Fri, 02 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441036