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of <h1>Appellate Tribunal rules on redemption fine for provisionally released goods.</h1> <h3>COMMISSIONER OF C. EX., MEERUT Versus GS. IRON & STEEL WORKS</h3> The Appellate Tribunal CEGAT, New Delhi ruled in favor of the Revenue, overturning the Commissioner (Appeals) decision regarding the confiscation of goods ... Redemption fine - Provisional release The Appellate Tribunal CEGAT, New Delhi ruled in favor of the Revenue in an appeal related to confiscation of goods and a truck, overturning the Commissioner (Appeals) decision. The Tribunal cited a Supreme Court judgment to support the decision that redemption fine can be imposed even on provisionally released goods.
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