2001 (4) TMI 274 - AT - Customs

Summary

The appeal was against the confiscation of polyester fabrics valued at Rs. 38,888/- for not producing an import license. The fabrics were intended for re-export after embroidery. The penalty was set aside, and the redemption fine was reduced from Rs. 30,000/- to Rs. 15,000/-. Appeal allowed in part.