1994 (11) TMI 240 - AT - Customs

Summary

The judgment pertains to a case involving finalization of provisional assessment of imported goods, hops, by the Collector of Customs, Madras. The redemption fine of Rs. 5,00,000 was imposed but Tribunal granted a stay on its recovery as duty was already paid in full. The Tribunal relied on a previous case law to justify the stay on redemption fine.