2003 (11) TMI 484

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... [Order per : Jyoti Balasundaram, Member (J)]. - Vide Final Order Nos. C-l/2874 & 2875/WZB/2001, dated 19-9-2001, [2002 (140) E.L.T. 225 (Tribunal)] the Tribunal, while upholding confiscation of currency belonging to the applicants herein, permitted redemption of the currency on payment of a fine of Rs. 8 lakhs. The department issued a refund order of Rs. 20,11,403/- on the basis that the India .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the Commissioner had executed the order in the case of Philips Fernandes, paying him the Indian equivalent currency as on the date of the Tribunal's order, viz. 11-9-2002. We, therefore, direct that in this case also the applicants should be refunded the balance of the Indian equivalent as on the date of the Tribunal's order, viz. 19-9-2001. The amount shall be refunded within a period of one mont .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X