https://www.taxtmi.com/highlights?id=75236 Imposition of redemption fine - import of Limestone Blocks - imported goods not covered by the license - confiscation of goods - The Tribunal observed the circumstances, including the timing of the shipments and the Appellant's voluntary disclosure of the license lapse. - Considering the Appellant's bonafide actions and the impact of heavy demurrage charges, the Tribunal decided to grant leniency in the quantum of redemption fine and penalty. en-us Wed, 28 Feb 2024 08:35:34 +0530 Wed, 28 Feb 2024 08:35:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75236 Imposition of redemption fine - import of Limestone Blocks - imported goods not covered by the license - confiscation of goods - The Tribunal observed the circumstances, including the timing of the shipments and the Appellant's voluntary disclosure of the license lapse. - Considering the Appellant's bonafide actions and the impact of heavy demurrage charges, the Tribunal decided to grant leniency in the quantum of redemption fine and penalty. Highlights Customs Wed, 28 Feb 2024 08:35:34 +0530 https://www.taxtmi.com/highlights?id=75236