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<h1>CESTAT Mumbai: Redemption Fine & Penalty Set Aside in Favor of Appellant</h1> The Appellate Tribunal CESTAT, Mumbai ruled in favor of the appellant, represented by Shri Naresh Thacker, Advocate. The tribunal set aside the imposition ... Redemption fine and penalty The Appellate Tribunal CESTAT, Mumbai, ruled in favor of the appellant, represented by Shri Naresh Thacker, Advocate. The tribunal found no justification for imposing redemption fine and penalty, so they were set aside with consequential relief to the appellants.