https://www.taxtmi.com/caselaws?id=101535 The Tribunal ruled in favor of M/s. Venus Gems & Jewellery, setting aside the redemption fines and penalties imposed by the Additional Commissioner. The decision allowed for the re-export of confiscated goods without additional financial obligations, based on the legal framework and precedents indicating that once goods are allowed for re-export, fines and penalties are not justified. The Revenue's appeal against the modification permitting re-export after redemption and penalty payment was rejected, affirming M/s. Venus's position in the case. en-us Fri, 08 Mar 2002 00:00:00 +0530 Fri, 10 Feb 2012 11:27:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101535 The Tribunal ruled in favor of M/s. Venus Gems & Jewellery, setting aside the redemption fines and penalties imposed by the Additional Commissioner. The decision allowed for the re-export of confiscated goods without additional financial obligations, based on the legal framework and precedents indicating that once goods are allowed for re-export, fines and penalties are not justified. The Revenue's appeal against the modification permitting re-export after redemption and penalty payment was rejected, affirming M/s. Venus's position in the case. Case-Laws Customs Fri, 08 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101535