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2015 (12) TMI 474 - AT - CustomsImposition of redemption fine - Goods not available for confiscation - Held that:- Neither the goods are available nor has been released on execution of bond, in that circumstances, we hold that decision of Weston Components Ltd. is not applicable to the facts of this case and the Larger Bench decision of this Tribunal in the case of Shiv Kripa Ispat Pvt. Ltd. [2009 (1) TMI 124 - CESTAT MUMBAI] wherein it has been held that in case neither the goods are available nor released under any bond, in that case, redemption fine is not imposable although the goods are liable for confiscation. Therefore, we hold that the learned Commissioner has rightly held that the goods are liable for confiscation but refrained from imposing redemption fine. Therefore, we do not find any infirmity in the impugned order, same is upheld. - Decided against Revenue.
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