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2024 (2) TMI 1265 - CESTAT AHMEDABADUndervaluation of imported goods - Confiscation of goods - redemption fine - penalty u/s 12 - HELD THAT:- We observe in the present case that the immunity granted to the Appellant is under show cause notice No. DRI/HQ -CI/50D/Int-2/2018/CI/8935 dated 14.11.2019 does not ipso facto cover the show cause notice No. DRI/HQ–CI/50D/Int-2/2018/CI-7806-7809 dated 04.10.2018. However taking into consideration the obligations discharged by the Appellant under the Settlement Commission’s order, we are of the view that it would be only fair that a lenient view be adopted with regards to the quantum of fine and penalty imposed. Accordingly, in Appeal, the redemption fines of Rs. 12,00,000/-, Rs. 20,00,000/- and Rs. 7,50,000/- are reduced to Rs. 6,00,000/-, Rs. 10,00,000/- and Rs. 4,00,000/- respectively and in Appeal, penalty of Rs. 20,00,000/- is reduced to Rs. 5,00,000/- The impugned order is modified to the above extent. Appeals are partly allowed in above terms.
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