https://www.taxtmi.com/caselaws?id=93694 The Tribunal ruled in favor of the appellant in a case involving the confiscation of an excess lot of cut and polished emerald. Despite ordering the confiscation under the Customs Act, a lenient view was taken, allowing re-export of a portion of the emeralds on payment of a Redemption Fine. The Tribunal set aside the redemption fine, citing the lack of intent to evade customs duty and previous precedents where fines were not imposed in similar situations, but upheld a personal penalty of Rs. 1,000. en-us Fri, 12 May 2000 00:00:00 +0530 Wed, 16 Nov 2011 12:26:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93694 The Tribunal ruled in favor of the appellant in a case involving the confiscation of an excess lot of cut and polished emerald. Despite ordering the confiscation under the Customs Act, a lenient view was taken, allowing re-export of a portion of the emeralds on payment of a Redemption Fine. The Tribunal set aside the redemption fine, citing the lack of intent to evade customs duty and previous precedents where fines were not imposed in similar situations, but upheld a personal penalty of Rs. 1,000. Case-Laws Central Excise Fri, 12 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93694