Tribunal Decision Upheld: Reduction in Redemption Fine and Penalty Deemed Reasonable

The Allahabad HC upheld the Tribunal's decision to reduce redemption fine and penalty in a case involving seizure of tubes by Central Excise Authority. The Tribunal's reduction to Rs.60,000.00 and Rs.30,000.00 for fine and penalty, respectively, was considered reasonable. The appeal was dismissed as no substantial question of law arose.

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The Allahabad High Court upheld the Tribunal's decision to reduce redemption fine and penalty in a case involving seizure of tubes by Central Excise Authority. The Tribunal reduced the redemption fine and penalty to Rs.60,000.00 and Rs.30,000.00 respectively, which was deemed reasonable. The appeal was dismissed as no substantial question of law arose.

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