Failure to comply with Import License Requirements: CESTAT upholds Redemption Fine and Penalty imposed Under Customs Act [Read Order]

Failure to comply with Import License Requirements - CESTAT upholds Redemption Fine and Penalty imposed Under Customs Act - TAXSCAN

The Kolkata bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT)upheld the Redemption Fine and Penalty imposed Under Customs Act,1962 on failure to comply with import license requirements as it met end of justice. M/s. S N Enterprises and M/s. Shree Krishna Enterprises, the respondent imported old and used worn clothing, completely fumigated…

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