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of <h1>Tribunal Upholds Confiscation of Drill Rods, Reduces Redemption Fines under Serial No. 571(c)</h1> The Tribunal upheld the confiscation of the consignment of seamless drill rods as component parts of drilling rigs under Serial No. 571(c) of Appendix 3. ... Redemption fine when reducible The appeal was against the order confiscating a consignment of externally upset seamless drill rods declared as component parts of drilling rigs. The Tribunal upheld the confiscation due to the goods falling under Serial No. 571(c) of Appendix 3, covering seamless carbon steel tubes/casings for drilling. However, the redemption fine was reduced from Rs. 7.50 lakhs to Rs. 3 lakhs in one consignment and from Rs. 3.20 lakhs to Rs. 1.5 lakhs in another consignment.
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