https://www.taxtmi.com/caselaws?id=449723 Confiscation of imported goods for want of the requisite import licence was sustained under Section 111(d) of the Customs Act, and the Tribunal held that there was no basis to enhance the redemption fine or penalty where the adjudicating authority had already fixed both on an assessed basis. Relying on earlier Tribunal precedent, it found that the existing quantification sufficiently met the ends of justice, so interference was unwarranted. The Revenue's challenge failed and the monetary consequences of confiscation were upheld without alteration. en-us Mon, 29 Jan 2024 00:00:00 +0530 Mon, 19 Feb 2024 06:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449723 Confiscation of imported goods for want of the requisite import licence was sustained under Section 111(d) of the Customs Act, and the Tribunal held that there was no basis to enhance the redemption fine or penalty where the adjudicating authority had already fixed both on an assessed basis. Relying on earlier Tribunal precedent, it found that the existing quantification sufficiently met the ends of justice, so interference was unwarranted. The Revenue's challenge failed and the monetary consequences of confiscation were upheld without alteration. Case-Laws Customs Mon, 29 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449723