2009 (9) TMI 765 - AT - Customs

Summary

The appeal challenged the confiscation of six tractors due to licensing violations. The assessable value of the tractors was Rs. 3,83,992. Importers failed to produce compliance certificates under Motor Vehicles Rules. The redemption fine was reduced from Rs. 3 lakhs to Rs. 1.50 lakhs, and the penalty remained at Rs. 1 lakh. The appeal was allowed for the reduction in fine.