https://www.taxtmi.com/caselaws?id=52563 The Tribunal allowed the appeal by remanding the case, directing the Commissioner to reassess the matter in accordance with Supreme Court decisions. It was held that the Customs Department could confiscate goods and impose penalties for violating import/export obligations under Notification No. 203/92-Cus. The Tribunal also determined that interest at 18% was chargeable on evaded duty, contrary to the Commissioner's decision. The Commissioner was instructed to reconsider the case considering the Supreme Court rulings and the duty and interest already deposited by the respondent. en-us Wed, 29 Oct 2003 00:00:00 +0530 Wed, 06 Oct 2010 15:23:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52563 The Tribunal allowed the appeal by remanding the case, directing the Commissioner to reassess the matter in accordance with Supreme Court decisions. It was held that the Customs Department could confiscate goods and impose penalties for violating import/export obligations under Notification No. 203/92-Cus. The Tribunal also determined that interest at 18% was chargeable on evaded duty, contrary to the Commissioner's decision. The Commissioner was instructed to reconsider the case considering the Supreme Court rulings and the duty and interest already deposited by the respondent. Case-Laws Customs Wed, 29 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52563