https://www.taxtmi.com/caselaws?id=752759 Imported used Digital Multifunctional Machines were treated as restricted rather than prohibited goods. Confiscation was sustained under the Customs Act and foreign trade framework, but absolute confiscation was found unnecessary because Section 125 of the Customs Act permits redemption of restricted goods. The goods were therefore directed to be released on payment of enhanced customs duty, redemption fine, and penalty, with the precedents cited supporting redemption where no material showed that the goods were prohibited and no contrary basis existed on margin of profit. en-us Fri, 03 May 2024 00:00:00 +0530 Mon, 17 Jun 2024 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752759 Imported used Digital Multifunctional Machines were treated as restricted rather than prohibited goods. Confiscation was sustained under the Customs Act and foreign trade framework, but absolute confiscation was found unnecessary because Section 125 of the Customs Act permits redemption of restricted goods. The goods were therefore directed to be released on payment of enhanced customs duty, redemption fine, and penalty, with the precedents cited supporting redemption where no material showed that the goods were prohibited and no contrary basis existed on margin of profit. Case-Laws Customs Fri, 03 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752759