2010 (10) TMI 63 - HC - Central Excise

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. ... Tubes seized at the time of inspection made by Central Excise Authority - Additional Commissioner has confiscated the seized tubes and allowed the party to redeem the goods on payment of redemption fine - and confirmed the demand of duty - also imposed as penalty under section 173Q - appeal before the Commissioner (Appeals) - appeal before the Commissioner (Appeals) reduce the demand of duty - - Held that: - determination of redemption fine and penalty is the matter of estimate and does not give rise to any substantial question of law. The appeal is accordingly dismissed 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.