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Customs - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

Absolute Confiscation - penalty - import of old and used Digital ...

Case Laws     Customs

December 18, 2020

Absolute Confiscation - penalty - import of old and used Digital Multifunctional Devices (MFDs) with standard accessories from Singapore - the goods (MFDs) are not liable for absolute confiscation and can be released on payment of redemption fine and penalty - the imported goods may be allowed for clearance on payment of redemption fine @ 10% and penalty @5% of the reassessed value besides payment of applicable Customs duty. - AT

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