https://www.taxtmi.com/caselaws?id=442268 The Tribunal upheld the redemption fine and penalty imposed on imported old and used worn clothing, dismissing the Revenue's appeals seeking enhancement. The goods were classified under Tariff Item No.63090000, with the adjudicating authority's decision on redemption fine and penalty deemed sufficient for the ends of justice. While acknowledging non-compliance with licensing requirements, the Tribunal reduced the redemption fine and penalty amounts to 10% and 5% of the assessed value, respectively, based on the circumstances. Confiscation under Section 111(d) of the Customs Act, 1962 was upheld, with adjustments made to the fine and penalty in consideration of the specific case details. en-us Thu, 24 Aug 2023 00:00:00 +0530 Mon, 28 Aug 2023 08:18:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442268 The Tribunal upheld the redemption fine and penalty imposed on imported old and used worn clothing, dismissing the Revenue's appeals seeking enhancement. The goods were classified under Tariff Item No.63090000, with the adjudicating authority's decision on redemption fine and penalty deemed sufficient for the ends of justice. While acknowledging non-compliance with licensing requirements, the Tribunal reduced the redemption fine and penalty amounts to 10% and 5% of the assessed value, respectively, based on the circumstances. Confiscation under Section 111(d) of the Customs Act, 1962 was upheld, with adjustments made to the fine and penalty in consideration of the specific case details. Case-Laws Customs Thu, 24 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442268