1992 (1) TMI 252 - AT - Customs

Summary

The appeal was against an order confiscating goods valued at Rs. 73,005 under the Customs Act. The appellants, having a manufacturing/export unit, imported materials for export but failed to utilize them within the allowed period. The Additional Collector ordered confiscation but allowed redemption on payment of a fine. The appellants requested an extension until June 1992 to meet export obligations, which was granted by the Tribunal. The order of the Additional Collector was set aside, and the appeal was allowed.