https://www.taxtmi.com/caselaws?id=53273 The Tribunal upheld the confiscation of second-hand diesel engines imported by traders not actual users, as it contravened import regulations. The redemption of goods on payment of a fine was allowed, with the penalty amounts reduced to Rs. 15 lakhs and Rs. 1 lakh from the original figures. The Tribunal found that the goods were not capital goods and clearance was only permitted for actual users, resulting in the modification of the fine and penalty amounts. The appeal was partly allowed with the upheld impugned order and modifications made by the Tribunal. en-us Fri, 04 Jun 2004 00:00:00 +0530 Mon, 11 Oct 2010 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53273 The Tribunal upheld the confiscation of second-hand diesel engines imported by traders not actual users, as it contravened import regulations. The redemption of goods on payment of a fine was allowed, with the penalty amounts reduced to Rs. 15 lakhs and Rs. 1 lakh from the original figures. The Tribunal found that the goods were not capital goods and clearance was only permitted for actual users, resulting in the modification of the fine and penalty amounts. The appeal was partly allowed with the upheld impugned order and modifications made by the Tribunal. Case-Laws Customs Fri, 04 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53273