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Customs - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Redemption fine – The redemption fine imposed by the Tribunal ...


Tribunal's redemption fines aren't binding precedents but can guide; authorities may impose statutory fines for repeat offenses.

September 9, 2013

Case Laws     Customs     AT

Redemption fine – The redemption fine imposed by the Tribunal cannot be taken as truly binding precedents and the same may be taken at the most only as guidelines - If a restricted import takes place repeatedly the hands of the adjudicating authority cannot be tied by prescribing a lower limit than the statutory limits prescribed u/s 125 - AT

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