https://www.taxtmi.com/caselaws?id=465097 The CESTAT Kolkata partly allowed the importer's appeal concerning confiscation of restricted pulses imported during the period when DGFT notifications were under challenge and interim stay orders existed. While upholding the finding that the goods were liable to confiscation and that penalty and redemption fine were imposable under the Customs Act, the Tribunal considered the identical factual and legal matrix decided in a prior precedent and held the original imposition of Rs.2.15 crores each as excessive. It substantially reduced both the penalty and redemption fine to Rs.20 lakhs each. en-us Thu, 20 Feb 2025 00:00:00 +0530 Fri, 05 Dec 2025 19:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465097 The CESTAT Kolkata partly allowed the importer's appeal concerning confiscation of restricted pulses imported during the period when DGFT notifications were under challenge and interim stay orders existed. While upholding the finding that the goods were liable to confiscation and that penalty and redemption fine were imposable under the Customs Act, the Tribunal considered the identical factual and legal matrix decided in a prior precedent and held the original imposition of Rs.2.15 crores each as excessive. It substantially reduced both the penalty and redemption fine to Rs.20 lakhs each. Case-Laws Customs Thu, 20 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465097