https://www.taxtmi.com/caselaws?id=52159 The Tribunal considered whether the redemption fine and penalty on imported goods should be reduced in light of the importer's pleaded circumstances. It noted that the goods were in spiral form and that the claimed classification could not be conclusively verified by visual examination, but found the record sufficient to justify leniency in the quantum of confiscation-related penalties. The redemption fine was reduced from Rs. 1,00,000 to Rs. 70,000, and the penalty was remitted. en-us Wed, 26 Mar 2003 00:00:00 +0530 Fri, 01 Oct 2010 16:37:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52159 The Tribunal considered whether the redemption fine and penalty on imported goods should be reduced in light of the importer's pleaded circumstances. It noted that the goods were in spiral form and that the claimed classification could not be conclusively verified by visual examination, but found the record sufficient to justify leniency in the quantum of confiscation-related penalties. The redemption fine was reduced from Rs. 1,00,000 to Rs. 70,000, and the penalty was remitted. Case-Laws Customs Wed, 26 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52159