2004 (7) TMI 400

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..... ard. The merits of the impugned order which is common in both the appeals vide which the goods of the appellants, had been ordered to be confiscated under Section 111(d) and (m) of the Customs Act with option to get the same redeemed on payment of fine of Rs. 12,00,000/- under Section 125 of the Customs Act and penalties have been imposed on them as detailed therein has not been contested by them. .....

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..... for which the machine remained under seizure, of substantial amount which is approximately Rs. 3.55 lakhs had already been paid by the appellants. Therefore, keeping in view the facts and circumstances of the case and the issue involved and the ratio of law laid down in Asia Pacific Marbles P. Ltd. v. CC, Mumbai, 2002 (53) RLT 1095, wherein redemption fine and penalties were reduced to 5% and 20% .....

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