https://www.taxtmi.com/caselaws?id=51189 The Tribunal set aside the Commissioner's order, ruling in favor of the appellants. The Customs authorities lacked jurisdiction to invalidate the DEEC advance licence, and the confiscation and penalties under Sections 111(d) and 111(o) were not upheld. Additionally, the Tribunal disagreed with the Commissioner's calculation of the Margin of Profit for determining the redemption fine. en-us Mon, 29 Apr 2002 00:00:00 +0530 Thu, 23 Sep 2010 12:12:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51189 The Tribunal set aside the Commissioner's order, ruling in favor of the appellants. The Customs authorities lacked jurisdiction to invalidate the DEEC advance licence, and the confiscation and penalties under Sections 111(d) and 111(o) were not upheld. Additionally, the Tribunal disagreed with the Commissioner's calculation of the Margin of Profit for determining the redemption fine. Case-Laws Customs Mon, 29 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51189