https://www.taxtmi.com/caselaws?id=87715 The Tribunal allowed the appeal, reducing the redemption fine to Rs. 5,91,655/- and penalty to Rs. 60,000/- from the initial amounts imposed by the Dy. Commissioner. The appellants' appeal was deemed timely, contesting the rejection by the Commissioner (Appeals) on grounds of being time-barred. The Tribunal considered previous judgments and precedent in determining the appropriate redemption fine and penalty, aligning with similar cases involving the import of used diesel engines. The appellants received consequential relief as per the law, resulting in a favorable outcome in the appeal. en-us Wed, 07 Jan 1998 00:00:00 +0530 Thu, 08 Sep 2011 17:56:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87715 The Tribunal allowed the appeal, reducing the redemption fine to Rs. 5,91,655/- and penalty to Rs. 60,000/- from the initial amounts imposed by the Dy. Commissioner. The appellants' appeal was deemed timely, contesting the rejection by the Commissioner (Appeals) on grounds of being time-barred. The Tribunal considered previous judgments and precedent in determining the appropriate redemption fine and penalty, aligning with similar cases involving the import of used diesel engines. The appellants received consequential relief as per the law, resulting in a favorable outcome in the appeal. Case-Laws Customs Wed, 07 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87715