https://www.taxtmi.com/caselaws?id=42200 The Supreme Court upheld the High Court's decision not to entertain the petition challenging the confiscation of wrist watches under the Customs Act. The petitioner's challenges regarding the extension of time for the show cause notice issuance and the determination of the penalty amount were dismissed. The Court found the Collector's order valid, the extension of time for notice issuance appropriate, and the penalty amount not excessive or arbitrary. The special leave petition was rejected, affirming the validity of the confiscation orders and penalty imposition. en-us Mon, 02 May 1988 00:00:00 +0530 Fri, 25 Jul 2014 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42200 The Supreme Court upheld the High Court's decision not to entertain the petition challenging the confiscation of wrist watches under the Customs Act. The petitioner's challenges regarding the extension of time for the show cause notice issuance and the determination of the penalty amount were dismissed. The Court found the Collector's order valid, the extension of time for notice issuance appropriate, and the penalty amount not excessive or arbitrary. The special leave petition was rejected, affirming the validity of the confiscation orders and penalty imposition. Case-Laws Customs Mon, 02 May 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42200