https://www.taxtmi.com/caselaws?id=446578 The Tribunal ruled in favor of the appellant by waiving the redemption fine of Rs. 3 Lakhs imposed during re-export, as no import occurred on Indian soil. However, a penalty of Rs. 1 Lakh was upheld due to the hazardous nature of the goods, despite the appellant's argument against the penalty citing the absence of mens rea. The Tribunal justified the penalty based on the potential environmental risks, maintaining it as reasonable under the circumstances. en-us Thu, 30 Nov 2023 00:00:00 +0530 Thu, 07 Dec 2023 07:18:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446578 The Tribunal ruled in favor of the appellant by waiving the redemption fine of Rs. 3 Lakhs imposed during re-export, as no import occurred on Indian soil. However, a penalty of Rs. 1 Lakh was upheld due to the hazardous nature of the goods, despite the appellant's argument against the penalty citing the absence of mens rea. The Tribunal justified the penalty based on the potential environmental risks, maintaining it as reasonable under the circumstances. Case-Laws Customs Thu, 30 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446578