https://www.taxtmi.com/caselaws?id=106334 The Appellate Tribunal CEGAT, Mumbai addressed the quantification of redemption fines and penalties on imports of rough marble blocks made during 2001-2002. The judgment emphasized evidence-based decisions, adherence to manual instructions, and fair imposition of financial obligations on importers. The fines and penalties for multiple appellants were revised based on the Tribunal's findings, with penalties remaining unchanged unless appealed for enhancement. The judgment highlighted the need for strict proof in cases involving repeated violations of the EXIM Policy and balanced redemption fines to prevent excessive benefits to importers while ensuring the clearance of industrial raw materials. en-us Fri, 17 May 2002 00:00:00 +0530 Tue, 13 Mar 2012 17:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106334 The Appellate Tribunal CEGAT, Mumbai addressed the quantification of redemption fines and penalties on imports of rough marble blocks made during 2001-2002. The judgment emphasized evidence-based decisions, adherence to manual instructions, and fair imposition of financial obligations on importers. The fines and penalties for multiple appellants were revised based on the Tribunal's findings, with penalties remaining unchanged unless appealed for enhancement. The judgment highlighted the need for strict proof in cases involving repeated violations of the EXIM Policy and balanced redemption fines to prevent excessive benefits to importers while ensuring the clearance of industrial raw materials. Case-Laws Customs Fri, 17 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106334