2003 (11) TMI 484

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..... der per : Jyoti Balasundaram, Member (J)]. Vide Final Order Nos. C-l/2874 2875/WZB/2001, dated 19-9-2001, [2002 (140) E.L.T. 225 (Tribunal)] the Tribunal, while upholding confiscation of currency belonging to the applicants herein, permitted redemption of the currency on payment of a fine of Rs. 8 lakhs. The department issued a refund order of Rs. 20,11,403/- on the basis that the Indian e .....

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..... missioner had executed the order in the case of Philips Fernandes, paying him the Indian equivalent currency as on the date of the Tribunal s order, viz. 11-9-2002. We, therefore, direct that in this case also the applicants should be refunded the balance of the Indian equivalent as on the date of the Tribunal s order, viz. 19-9-2001. The amount shall be refunded within a period of one month from .....

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