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TMI Blog2017 (11) TMI 1528X X X X Extracts X X X X X X X X Extracts X X X X ..... uty to the tune of ₹ 6,87,165/- on the goods - the Redemption Fine and penalty imposed is excess and, therefore, which we reduce the Redemption Fine to ₹ 2,50,000/- and penalty to ₹ 75,000/-, would meet the ends of justice - appeal allowed in part. - C/00548/2009 - Final Order No. 41933/2017 - Dated:- 29-8-2017 - Smt. Sulekha Beevi CS, Member (Judicial) and Shri Madhu Mohan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alue (in Rs.) (1) (2) (3) (4) 01 Computer RAM, Model Transcend, 512 MB capacity 153 Nos. ₹ 91,800/- 02 Computer RAM, Model Transcend, 1 GB capacity 100 Nos. 03 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /- and penalty of ₹ 2,000,000/-The appellant had filed an appeal before the Tribunal and the matter was remanded by the Tribunal for de novo adjudication. The Tribunal vide its Order dated 23.01.2009, remanded the matter for de novo adjudication. In such remand proceedings, the adjudicating authority passed the impugned order, where in the goods were ordered to be confiscated and imposed red ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cing the Redemption Fine to ₹ 5,00,000/- He, therefore, prays that the impugned order does not call for any intervention. 6. Heard both sides. 7. The counsel for the appellant had pleaded to reduce the Redemption Fine and penalty imposed. As pointed out by the learned counsel, the goods imported are mainly electronic goods. These goods do get reduced in their value as they became o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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