https://www.taxtmi.com/caselaws?id=442467 The Tribunal upheld the redemption fine and penalty imposed on imported old and used worn clothing, confirming the rates set by the adjudicating authority as sufficient. The Tribunal also upheld the confiscation of goods for non-compliance with licensing requirements under the Customs Act, 1962, reducing the redemption fine and penalty to 10% and 5% of the assessed value, respectively. The appeals filed by the Revenue seeking enhancement of fines and penalties were dismissed, with the Tribunal finding the original penalties to meet the ends of justice. en-us Wed, 30 Aug 2023 00:00:00 +0530 Sat, 02 Sep 2023 07:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442467 The Tribunal upheld the redemption fine and penalty imposed on imported old and used worn clothing, confirming the rates set by the adjudicating authority as sufficient. The Tribunal also upheld the confiscation of goods for non-compliance with licensing requirements under the Customs Act, 1962, reducing the redemption fine and penalty to 10% and 5% of the assessed value, respectively. The appeals filed by the Revenue seeking enhancement of fines and penalties were dismissed, with the Tribunal finding the original penalties to meet the ends of justice. Case-Laws Customs Wed, 30 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442467