https://www.taxtmi.com/caselaws?id=781146 CESTAT CHANDIGARH - AT allowed the appeal, holding seizure, confiscation, redemption fine and penalty unsustainable where importer's bonafide belief in declared transaction value led to re-assessment rather than culpable evasion. The importer filed the bill of entry, responded to EDI queries and paid duty demanded under the DGFT notification then under judicial challenge. In light of binding precedents and insufficient reasons in the impugned order for imposing redemption fine and penalty, the Tribunal set aside confiscation, redemption fine and related penalty. en-us Tue, 04 Nov 2025 00:00:00 +0530 Wed, 12 Nov 2025 08:17:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781146 CESTAT CHANDIGARH - AT allowed the appeal, holding seizure, confiscation, redemption fine and penalty unsustainable where importer's bonafide belief in declared transaction value led to re-assessment rather than culpable evasion. The importer filed the bill of entry, responded to EDI queries and paid duty demanded under the DGFT notification then under judicial challenge. In light of binding precedents and insufficient reasons in the impugned order for imposing redemption fine and penalty, the Tribunal set aside confiscation, redemption fine and related penalty. Case-Laws Customs Tue, 04 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781146