https://www.taxtmi.com/caselaws?id=442742 CESTAT Kolkata held that confiscation of imported old and used worn clothing remained sustainable under Section 111(d) of the Customs Act, 1962 because import was made without the requisite licence. On that basis, the Tribunal accepted that the appellate authority could reduce the redemption fine and penalty on the facts of the case. It also found no reason to interfere with the appellate order on the allegation of misdeclaration of value. The Revenue's challenge to the reduction in fine and penalty therefore failed. en-us Wed, 06 Sep 2023 00:00:00 +0530 Fri, 08 Sep 2023 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442742 CESTAT Kolkata held that confiscation of imported old and used worn clothing remained sustainable under Section 111(d) of the Customs Act, 1962 because import was made without the requisite licence. On that basis, the Tribunal accepted that the appellate authority could reduce the redemption fine and penalty on the facts of the case. It also found no reason to interfere with the appellate order on the allegation of misdeclaration of value. The Revenue's challenge to the reduction in fine and penalty therefore failed. Case-Laws Customs Wed, 06 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442742