https://www.taxtmi.com/caselaws?id=50286 The Tribunal allowed the appeal, setting aside the penalty imposed by the Commissioner and requiring only a token fine of Re. 1.00 for the technical breach of importing goods under a restrictive list without a valid license. The Tribunal considered the importer's status as a public sector undertaking and actual user, emphasizing the lack of deliberate defiance of the law in finalizing orders when imports were not restricted. Penalties were deemed inappropriate for technical breaches, leading to the decision to set aside the penalty and impose a nominal fine. en-us Tue, 02 May 2000 00:00:00 +0530 Fri, 20 Aug 2010 17:52:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50286 The Tribunal allowed the appeal, setting aside the penalty imposed by the Commissioner and requiring only a token fine of Re. 1.00 for the technical breach of importing goods under a restrictive list without a valid license. The Tribunal considered the importer's status as a public sector undertaking and actual user, emphasizing the lack of deliberate defiance of the law in finalizing orders when imports were not restricted. Penalties were deemed inappropriate for technical breaches, leading to the decision to set aside the penalty and impose a nominal fine. Case-Laws Customs Tue, 02 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50286