1998 (11) TMI 299 - AT - Customs

Summary

The Appellate Tribunal CEGAT, CALCUTTA upheld the confiscation of imported 'Secondary Seamless Pipes' by the Commissioner but reduced the redemption fine from Rs. 2.5 lakh to Rs. 1.75 lakh. The penalty of Rs. 25,000 was upheld. The appellants imported goods without a required license, but the reduction in fine was granted considering incurred demurrage costs.