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<h1>Appellate Tribunal CEGAT Mumbai reduces redemption fine for inferior quality machines.</h1> The Appellate Tribunal CEGAT, Mumbai reduced the redemption fine from Rs. 1 lakh to Rs. 50,000 for appellants who purchased machines that were confiscated ... Redemption fine - Reduction of The Appellate Tribunal CEGAT, Mumbai ruled on a case involving the importation of machinery by M.M. Patel under certain conditions. The machines were later sold in violation of post-importation conditions. The machines were confiscated but allowed redemption on payment of fines. Two machines were purchased by appellants who appealed for a reduction in the redemption fine. The Tribunal reduced the fine from Rs. 1 lakh to Rs. 50,000 due to the machines being of inferior quality.
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