https://www.taxtmi.com/caselaws?id=112187 The Tribunal upheld the impugned order but reduced the redemption fine to Rs. 3 lakhs and penalties on the appellant-company and Director to Rs. 1 lakh and Rs. 50,000 respectively, citing the precedent in Asia Pacific Marbles P. Ltd. v. CC, Mumbai. The appellants, who had paid duty and demurrage charges, were granted the reduction, with any overpayment to be refunded within 3 months. en-us Fri, 02 Jul 2004 00:00:00 +0530 Fri, 27 Apr 2012 10:28:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112187 The Tribunal upheld the impugned order but reduced the redemption fine to Rs. 3 lakhs and penalties on the appellant-company and Director to Rs. 1 lakh and Rs. 50,000 respectively, citing the precedent in Asia Pacific Marbles P. Ltd. v. CC, Mumbai. The appellants, who had paid duty and demurrage charges, were granted the reduction, with any overpayment to be refunded within 3 months. Case-Laws Customs Fri, 02 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112187