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2017 (7) TMI 511 - HC - CustomsReduction of quantum of redemption fine and penalty - release of confiscated Indian Currencies - implementation of order of Commissioner of Customs (Appeal-I) - Held that: - reliance was placed in the case of M/s NVR Forgings Versus Union of India and others [2016 (5) TMI 7 - PUNJAB AND HARYANA HIGH COURT], where it was held that the order in appeal as well as revisionary order had been passed by the officers of the same rank which is not permissible as per law - this Court is inclined to issue direction to the respondents for implementation of the order passed by the Commissioner of Customs (Appeal-I) by releasing the Indian Currencies, subject to the payment of redemption fine and penalty, as ordered by the Commissioner of Customs (Appeal-I) and furnishing a bond securing the interest of the Revenue - petition allowed - decided in favor of petitioner.
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