In a case involving the imposition of a redemption fine and penalty, the Customs, Excise, and Service...

In a case involving the imposition of a redemption fine and penalty, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that when goods are allowed for re-export, the adjudicating authorities do not have the power to impose any redemption fine, citing the precedent of HCL Hewlett Packard Ltd. versus Collector of Customs, Delhi. Consequently, the redemption fine imposed on the appellant was set aside. Regarding the penalty, the Tribunal found it to be excessive and reduced it to Rs. 1,00,000/-. The appeal was disposed of accordingly. .....

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