Home Case Index All Cases Customs Customs + AT Customs - 2014 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (11) TMI 150 - AT - CustomsConfiscation of goods - Redemption fine - Revenue is in appeal only for reason that the Adjudicating Authority has not ordered for confiscation of the raw materials despite there being a bond executed by the assessee. - Held that:- the main plank of the Revenue’s appeal is that the commissioner has erred in refraining from formally confiscating and imposing redemption fine on of goods. In our view, the revenue appeal is on diversion of imports and inasmuch as when the goods are not there for confiscation, the question of confiscation cannot arise - Respondents’ assessee is liable to pay Central Excise Duty on the goods manufactured out of the raw materials imported on which the revenue has foregone the Customs duty - Decided against the Revenue.
|