https://www.taxtmi.com/caselaws?id=97852 The Tribunal upheld the demand for customs duty but reduced the redemption fine and set aside the penalties imposed on the directors. The appeal of the directors was allowed, while the appeal of M/s. CET was partly allowed. The goods were ordered to be released upon payment of the reduced redemption fine. en-us Tue, 15 May 2001 00:00:00 +0530 Wed, 18 Jan 2012 13:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97852 The Tribunal upheld the demand for customs duty but reduced the redemption fine and set aside the penalties imposed on the directors. The appeal of the directors was allowed, while the appeal of M/s. CET was partly allowed. The goods were ordered to be released upon payment of the reduced redemption fine. Case-Laws Customs Tue, 15 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97852