9911796707
TMI Blog2015 (11) TMI 136X X X X Extracts X X X X X X X X Extracts X X X X ..... a Rao, Adv., Ms. Neelam Chand, Adv., Mr. Anurag, Adv., Mr. Jitin Singhal, Adv. And Mr. B. Krishna Prasad,Adv. For the Respondent : Mr. S.K. Bagaria, Sr. Adv., Mr. Mahesh Agarwal, Adv., Mr. Vivek Jain, Adv., Ms. Neha Nagpal, Adv., Mr. Rohit Jolly, Adv. And Mr. E. C. Agrawala,Adv. ORDER The respondent herein had imported Crude Distillation Unit Column(CDU) as well as Vacuum Distillation Unit C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Tribunal. The Tribunal has confirmed the finding that there was violation of Section 45 of the Customs Act inasmuch as goods were shifted without payment of duty and without authorization of the proper officer. However, having regard to the circumstances under which the aforesaid steps were taken by the respondent, the Tribunal has reduced the redemption fine and set aside the penalty. The opera ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... view that reducing the redemption fine from Rs. 1.2 crores to merely Rs. 1 lac was not proper. We have considered this aspect. According to us the interest of justice would be subserved in fixing the redemption fine to the extent of 50% of the fine imposed by the Commissioner. Other directions contained in the order of the Tribunal are maintained. Ordered accordingly. The aforesaid redemption fin ..... X X X X Extracts X X X X X X X X Extracts X X X X
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