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of <h1>CEGAT Mumbai: Waived Duty, Penalties, & Redemption Fines for Assessee</h1> The Appellate Tribunal CEGAT, Mumbai waived duty and penalties imposed on the assessee, totaling over Rs. 29 lakhs. The Tribunal also waived redemption ... Stay/Dispensation of pre-deposit The Appellate Tribunal CEGAT, Mumbai waived duty of Rs. 29.79 lakhs, penalties of Rs. 28,42,674 and Rs. 1,36,204, redemption fine of Rs. 10 lakhs on plant and machinery, and Rs. 2 lakhs on the Company Secretary. The Tribunal found the penalty on the assessee not maintainable and waived the penalties and duty amount.
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