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of <h1>Appellate Tribunal reduces redemption fine for ball bearings of Hungarian & Bulgarian origin.</h1> <h3>SILFER ENTERPRISES Versus COMMISSIONER OF CUSTOMS, KANDLA</h3> The Appellate Tribunal CEGAT, Mumbai reduced the redemption fine for ball bearings of Hungarian and Bulgarian origin to Rs. 4.00 lacs from Rs. 5.00 lacs ... Redemption fine - Quantum of The Appellate Tribunal CEGAT, Mumbai considered the quantum of redemption fine in lieu of confiscation for ball bearings of Hungarian and Bulgarian origin. The Tribunal reduced the redemption fine to Rs. 4.00 lacs from Rs. 5.00 lacs as ordered by the Collector. The appeal was allowed in part.
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