Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
Home
The appeal was against an order enhancing the value of imported goods, confiscating them, and imposing a redemption fine and penalty. The Tribunal reconsidered the quantum of fine and penalty, setting them at 75% and 10% of the CIF value respectively, citing earlier decisions and market conditions. The appeal partially succeeded with the modified order.
|