Redemption Fine Waived: Duty and Interest Paid Under Zero Duty EPCG; Revenue's Appeal Dismissed.

Non-imposition of redemption fine and penalty - Zero Duty EPCG Authorization - failure to fulfill the export obligation - when investigation started the respondent immediately paid duty and interest. Further, as per the condition of the Notification, the appellant is required to pay duty along with interest. In that circumstances, the adjudicating authority has rightly refrained from imposing redemption fine and penalty on the respondent. - Revenue appeal dismissed - AT .....

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