https://www.taxtmi.com/caselaws?id=756915 CESTAT Mumbai held that confiscation of imported containers and imposition of redemption fine and penalty was excessive where appellants had exported 231 out of 236 containers. The Tribunal found this constituted procedural lapse rather than substantive violation. Since exported containers were accounted for, confiscation and redemption fine on 231 containers was set aside. However, duty demand was restricted to 5 unexported containers with penalty of Rs. 50,000 under Section 112 of Customs Act, 1962. Appeal was partly allowed, emphasizing that exported containers cannot be subject to confiscation or duty demand. en-us Thu, 08 Aug 2024 00:00:00 +0530 Sat, 10 Aug 2024 13:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756915 CESTAT Mumbai held that confiscation of imported containers and imposition of redemption fine and penalty was excessive where appellants had exported 231 out of 236 containers. The Tribunal found this constituted procedural lapse rather than substantive violation. Since exported containers were accounted for, confiscation and redemption fine on 231 containers was set aside. However, duty demand was restricted to 5 unexported containers with penalty of Rs. 50,000 under Section 112 of Customs Act, 1962. Appeal was partly allowed, emphasizing that exported containers cannot be subject to confiscation or duty demand. Case-Laws Customs Thu, 08 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756915