https://www.taxtmi.com/caselaws?id=51111 The Tribunal overturned the Commissioner's decision to confiscate goods, impose a redemption fine, and disallow drawback in a customs case. It found the evidence on market value lacking and clarified that the goods were not prohibited, thus confiscation was unjustified. Emphasizing that confiscation cannot be solely based on market value discrepancies, the Tribunal ruled in favor of the appellants, ordering the release of the goods and allowing the appeals. en-us Wed, 06 Feb 2002 00:00:00 +0530 Wed, 22 Sep 2010 17:36:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51111 The Tribunal overturned the Commissioner's decision to confiscate goods, impose a redemption fine, and disallow drawback in a customs case. It found the evidence on market value lacking and clarified that the goods were not prohibited, thus confiscation was unjustified. Emphasizing that confiscation cannot be solely based on market value discrepancies, the Tribunal ruled in favor of the appellants, ordering the release of the goods and allowing the appeals. Case-Laws Customs Wed, 06 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51111