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of <h1>Tribunal Grants Stay on Rs. 5,00,000 Redemption Fine for Imported Goods</h1> The Tribunal granted a stay on the redemption fine of Rs. 5,00,000 imposed by the Collector of Customs, Madras, in a case concerning the finalization of ... Stay of redemption fine The judgment pertains to a case involving finalization of provisional assessment of imported goods, hops, by the Collector of Customs, Madras. The redemption fine of Rs. 5,00,000 was imposed but Tribunal granted a stay on its recovery as duty was already paid in full. The Tribunal relied on a previous case law to justify the stay on redemption fine.
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