2002 (4) TMI 784 - AT - Customs

Summary

The appeal involved the adjudication of marble consignments imported in violation of the Exim Policy. The goods were confiscated with an option to redeem on payment of a fine of Rs. 17,76,000 and penalties of Rs. 4,43,000. The Tribunal reduced the redemption fine to Rs. 6 lakhs and penalty to Rs. 1.5 lakhs, partially allowing the appeal.