TMI Blog2015 (7) TMI 1170X X X X Extracts X X X X X X X X Extracts X X X X ..... 99 is concerned, after confirming the findings to that effect, the CESTAT reduced the redemption fine to ₹ 3,00,000/- lakhs and personal penalty of ₹ 2,00,000/- - We are not inclined to interfere with the discretionary power exercised by the CESTAT in the given facts and circumstances of the case. Appeal dismissed - decided in favor of respondent-assessee. - Civil Appeal No. 6623 o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s found that there was a mis-declaration of goods. Since under the aforesaid Advance Licence, the respondent was also under the legal obligation to export knitted woollen shawls (Dyed) manufactured out of 5,000 kg. wollen yarn which was imported duty free, the appellant demanded excise duty. 2. In the appeal against the said order, the Customs Excise and Service Tax Appellate Tribunal, New Delh ..... X X X X Extracts X X X X X X X X Extracts X X X X
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