https://www.taxtmi.com/caselaws?id=43552 Bona fides may be relevant when determining the quantum of redemption fine for confiscated imports, but they do not automatically justify waiver or substantial reduction. The assessment turns on the totality of circumstances, including the importer's conduct and the material actually placed on record. Where importers fail to produce evidence on landed cost, sale price, or profit despite opportunities, that omission can materially undermine a claim of bona fide conduct. Belated document production may also be declined. The commentary notes that earlier favourable material cannot outweigh later licence conditions and subsequent clarifications when fixing the fine. en-us Wed, 14 Jul 1993 00:00:00 +0530 Wed, 07 May 2025 17:27:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43552 Bona fides may be relevant when determining the quantum of redemption fine for confiscated imports, but they do not automatically justify waiver or substantial reduction. The assessment turns on the totality of circumstances, including the importer's conduct and the material actually placed on record. Where importers fail to produce evidence on landed cost, sale price, or profit despite opportunities, that omission can materially undermine a claim of bona fide conduct. Belated document production may also be declined. The commentary notes that earlier favourable material cannot outweigh later licence conditions and subsequent clarifications when fixing the fine. Case-Laws Customs Wed, 14 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43552