https://www.taxtmi.com/caselaws?id=116469 The Appellate Tribunal CESTAT, New Delhi, allowed the appellants to redeem the seized silk fabric on payment of fines. One appellant was to pay a fine of rupees 10,000, while the other two were to pay fines of rupees 50,000 each. The personal penalties imposed on each appellant by the Commissioner (Appeals) were upheld as appropriate and not excessive. The judgment provided resolution on the confiscation of silk fabric and imposition of penalties under Sec. 112 of the Customs Act. en-us Mon, 04 Jul 2005 00:00:00 +0530 Tue, 12 Jun 2012 17:37:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116469 The Appellate Tribunal CESTAT, New Delhi, allowed the appellants to redeem the seized silk fabric on payment of fines. One appellant was to pay a fine of rupees 10,000, while the other two were to pay fines of rupees 50,000 each. The personal penalties imposed on each appellant by the Commissioner (Appeals) were upheld as appropriate and not excessive. The judgment provided resolution on the confiscation of silk fabric and imposition of penalties under Sec. 112 of the Customs Act. Case-Laws Customs Mon, 04 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116469