https://www.taxtmi.com/caselaws?id=52678 The Tribunal upheld the Commissioner's decision that the imported goods were components, not a complete Hot Mix Plant, denying duty exemption under Notification No. 17/2001-Cus. However, it recognized IVRCL as an eligible importer, fulfilling Condition No. 38. The Tribunal confirmed goods' confiscation under s. 111(m) of the Customs Act, reduced the redemption fine to Rs. 1 lakh, and set aside the Rs. 1 lakh penalty under s. 112 due to insufficient findings against the importer. The appeal was disposed of with these modifications. en-us Wed, 25 Feb 2004 00:00:00 +0530 Mon, 24 Jun 2024 19:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52678 The Tribunal upheld the Commissioner's decision that the imported goods were components, not a complete Hot Mix Plant, denying duty exemption under Notification No. 17/2001-Cus. However, it recognized IVRCL as an eligible importer, fulfilling Condition No. 38. The Tribunal confirmed goods' confiscation under s. 111(m) of the Customs Act, reduced the redemption fine to Rs. 1 lakh, and set aside the Rs. 1 lakh penalty under s. 112 due to insufficient findings against the importer. The appeal was disposed of with these modifications. Case-Laws Customs Wed, 25 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52678