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2016 (12) TMI 1440

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..... r the Petitioner : Mr. B. Sathish Sundar For the Respondents : Mr.S.Rabu Manohar ORDER Heard Mr.B.Sathish Sundar, learned counsel for the petitioner and Mr.S.Rabu Manohar, learned Senior Panel Counsel accepting notice on behalf of the respondents. With the consent of the learned counsel appearing on either side, the Writ Petitions are taken up for final disposal. 2. The petitioners have come f .....

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..... er. (ii) I order for confiscation of material objects dark blue colour jeans pant "Levis Demi Curve" with specially stitched inner pocket and light blue colour "Levis Demi Curve" with specially stitched inner packet which was used to conceal the gold bars and the white paper and news paper which were used to conceal the said gold bars under Section 119 of the Customs Act, 1962. However, order to .....

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..... peals), by an order dated 10.10.2015, was of the view that the redemption fine ordered by the Adjudicating Authority is disproportionate to the margin of profit and accordingly reduced the fine amount from Rs. 25,00,000/- to Rs. 15,00,000/- and the penalty imposed on the petitioners were reduced to Rs. 1,50,000/-, Rs. 1,00,000 & Rs. 1,00,000/-, respectively. 4. After the order was passed by the C .....

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..... e Commissioner of Customs, Chennai, has preferred Revision Petitions as against the orders passed by the Commissioner of Customs (Appeals-1) and the said Notices were dated 30.07.2016. 6. As on date, the Revision Petitions have not been taken up for disposal and it is not clear, within what time, the Revision Petitions would be heard and disposed of. 7. In the counter affidavits filed by the res .....

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