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2014 (1) TMI 278 - HC - CustomsConfiscation of goods - Imposition of redemption fine - Penalty u/s 112A - Tribunal reduced redemption fine - Held that:- Tribunal has erred in law in reducing the amount of redemption fine and to set aside the penalty in view of the order passed in respect of the previous import by the respondents - matters remitted back to the Tribunal to decide the appeals afresh to examine the question as to whether, the consignments in question were the stray imports warranting concession in the fine and penalty or not - Decided in favour of Revenue.
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