https://www.taxtmi.com/caselaws?id=48380 The Court set aside the confiscation order of imported goods valued at Rs. 8,91,000, reducing the penalty to Rs. 20,000 and fixing the goods' value at Rs. 1,52,000. Despite the petitioner paying the penalty, the goods were not released. The Court directed the immediate release of goods to the petitioner within two weeks, contingent upon providing an undertaking to pay any balance amount if the Department's appeal succeeded, safeguarding both parties' interests. en-us Wed, 30 Jul 2008 00:00:00 +0530 Wed, 04 Aug 2010 11:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48380 The Court set aside the confiscation order of imported goods valued at Rs. 8,91,000, reducing the penalty to Rs. 20,000 and fixing the goods' value at Rs. 1,52,000. Despite the petitioner paying the penalty, the goods were not released. The Court directed the immediate release of goods to the petitioner within two weeks, contingent upon providing an undertaking to pay any balance amount if the Department's appeal succeeded, safeguarding both parties' interests. Case-Laws Customs Wed, 30 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48380