2002 (1) TMI 218 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Mumbai allowed redemption of gold for re-export on payment of fine, reduced penalty imposed on Yakub Yusuf, Customs Authorities did not implement the order, appellant filed Misc. application for implementation, High Court ordered implementation of the order, Revenue filed application for stay, Tribunal dismissed application for stay citing no grounds for it.