2017 (7) TMI 461

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..... petition dismissed - decided against petitioner. - W. P. (C) 5575/2017 - - - Dated:- 7-7-2017 - S. Muralidhar And Prathiba M. Singh, JJ. For the Petitioner : Dr. Seema Jain, Mr. Ajay K. Jain and Mr. Dushyant K. Mahant, Advs For the Respondent : Mr. Sanjeev Narula, learned Sr. Standing Counsel and Mr. Abhishek Ghai, Adv ORDER CM No.23400/2017 (exemption) 1. Allowed, subject .....

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..... xcise records and cleared on payment of appropriate rate of duty. (ii) I order to confiscate cash amounting to Rs.;3465000/- seized at 7A/3B, Rajpura, Road, Civil Lines, Delhi-54 under the provisions of Section 121 of the Customs Act, 1962 as made applicable to like matter of Central Excise. (iii) I impose penalty of Rs.l,31,402/-(One lakh thirty one thousand four hundred and two only) u .....

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..... y further directions to be issued. The Assistant Commissioner has ordered for the release of rest of the cash confiscated after appropriation of the redemption fine and penalties. 4. Learned counsel for the Petitioner then contended that since the goods were seized more than 6 years ago, the Petitioner may not even be interested in release of the goods upon payment of the redemption fine. That .....

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