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Customs - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Import of rigs for repair and reexport - non filing of Import ...


Supreme Court upholds tribunal's decision to reduce redemption fine for unfiled Import General Manifest on towing rigs.

February 8, 2017

Case Laws     Customs     SC

Import of rigs for repair and reexport - non filing of Import General Manifest of the towing rigs - Provisions of the Act are required to be met and complied with even when no goods are to be unloaded for import into India or the vessel is not a ‘good’ meant for home consumption - though Goods are liable to confiscation, reduction in redemption fine by the tribunal is justified - SC

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