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of <h1>Appellate Tribunal orders gold redemption for re-export, reduces penalty. High Court orders implementation despite Revenue's stay application.</h1> <h3>COMMISSIONER OF CUSTOMS, MUMBAI Versus YAKUB I. YUSUF</h3> The Appellate Tribunal CEGAT allowed redemption of gold for re-export on payment of fine and reduced penalty imposed on Yakub Yusuf. Customs Authorities ... Stay The Appellate Tribunal CEGAT, Mumbai allowed redemption of gold for re-export on payment of fine, reduced penalty imposed on Yakub Yusuf, Customs Authorities did not implement the order, appellant filed Misc. application for implementation, High Court ordered implementation of the order, Revenue filed application for stay, Tribunal dismissed application for stay citing no grounds for it.
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