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Customs - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Appropriate course for release of confiscated goods is to ...

Customs

April 20, 2016

Appropriate course for release of confiscated goods is to furnish a bank guarantee for the entire amount of redemption fine and penalty - HC

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  1. Detention of goods - absence of valid E-way bills - procedural irregularity or minor errors - Goods to be released after furnishing of Bank Guarantee(s) equal to 100% of tax.

  2. Provisional release of the exportable goods - insistence on bank guarantee or revenue deposit equal to the amount declared free on board of the goods plus the probable...

  3. Seeking provisional release of goods - If the goods are confiscated and allowed redemption on payment of fine such fine has to be recovered from the appellant and some...

  4. Seeking release/return the detained Gold Bangles - Baggage Rules (no concealment in the body or luggage) - Section 125 of the Customs Act, 1962, gives rights to the...

  5. Release of goods and conveyance - the GST department has seized the goods on the ground that the transactions are fictitious and supplier is not existing the petitioner...

  6. Mere fact that the goods were released on the bond being executed, would not take away the power of the customs authorities to levy redemption fine - AT

  7. Discretionary power of tribunal to release the confiscated goods - inadequate redemption fine - levy of penalty under two sections of Customs Act. - HC

  8. Release of detained goods - Since the tax amount has already been remitted by the consignor and the appellant has already furnished bank guarantee for the balance amount...

  9. Confiscation of goods - Claim of waiver from imposition of redemption fine - merely because the importer acted in good faith will not entitle the importer to complete...

  10. Import of Second hand goods without licence - Confiscation of goods – Redemption fine – Commissioner (Appeals) reduced the redemption fine/penalty - order of...

 

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