TMI BlogUsed Tyres Not "Hazardous Waste": Import Allowed with Reduced Fine & Penalty u/ss 125 & 112(a.Import of restricted item - used tyres of various sizes - imported goods cannot be treated as "hazardous waste" - the clearance of goods shall be allowed for home consumption however on payment of redemption fine under section 125 ibid and penalty under section 112(a) ibid which is reduced to 15% and 10% of assessed value respectively. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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