https://www.taxtmi.com/caselaws?id=46603 Restricted consignments imported under a forged and invalid licence, and not lawfully cleared through the import process, were treated as liable to confiscation under the Customs Act, 1962. The Court held that Section 111(d) applied because the import was contrary to the prohibition and conditions governing restricted goods, and no general power existed to permit re-export in such a fraudulent and unlawful import. Penalties could not be waived summarily where the Commissioner had recorded adverse findings and the Tribunal gave no reasons for interference; the penalty relief was therefore unsustainable and the Commissioner's penalties were restored. en-us Mon, 07 Jul 2003 00:00:00 +0530 Sat, 21 Jun 2014 20:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46603 Restricted consignments imported under a forged and invalid licence, and not lawfully cleared through the import process, were treated as liable to confiscation under the Customs Act, 1962. The Court held that Section 111(d) applied because the import was contrary to the prohibition and conditions governing restricted goods, and no general power existed to permit re-export in such a fraudulent and unlawful import. Penalties could not be waived summarily where the Commissioner had recorded adverse findings and the Tribunal gave no reasons for interference; the penalty relief was therefore unsustainable and the Commissioner's penalties were restored. Case-Laws Customs Mon, 07 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46603