Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2008 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (3) TMI 186 - AT - Central ExciseConfiscation of copper wire rods valued at Rs. 3,10,000 giving the appellant option to redeem the same on payment of redemption fine of Rs. 1,00,000 - What should be quantum of redemption fine would depend on the facts & circumstances of the case & no strait-jacket formula can be laid down. Broadly, it would depend on the nature of violation, the nature of goods, its market price etc. - fine of Rs. 50,000/- would be just & proper - appeal is dismissed subject to the reduction in fine
|