2007 (2) TMI 125 - AT - Customs

Confiscation redemption fine and penalty- Alleged that appellant is liable to pay redemption fine and penalty on the ground that the impugned goods was not permissible for import - Held that no material on record to show that the importer was acting deliberately and allowed appeal partly

Summary

The Appellate Tribunal CESTAT, Mumbai partially allowed the appeal against the Commissioner of Customs' order confiscating stainless steel scrap imported in non-shredded form, citing violation of Foreign Trade Policy. The Tribunal reduced the fine to Rs. 1,00,000/- and set aside the penalty as importer's deliberate defiance of law was not proven. (2007 (2) TMI 125 - CESTAT, MUMBAI)