https://www.taxtmi.com/caselaws?id=123591 Setting aside an impugned order on confiscation with an option to redeem does not, by itself, extinguish a penalty unless the order expressly says so. A review alleging a mistake apparent on the record was rejected because the Tribunal's final order contained no finding setting aside penalty and the Revenue had not appealed any penalty component. On that basis, the claim that penalty was implicitly covered was found unfounded, and the review application was dismissed as frivolous and without merit. en-us Fri, 20 Jun 2008 00:00:00 +0530 Tue, 18 Sep 2012 11:59:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123591 Setting aside an impugned order on confiscation with an option to redeem does not, by itself, extinguish a penalty unless the order expressly says so. A review alleging a mistake apparent on the record was rejected because the Tribunal's final order contained no finding setting aside penalty and the Revenue had not appealed any penalty component. On that basis, the claim that penalty was implicitly covered was found unfounded, and the review application was dismissed as frivolous and without merit. Case-Laws Customs Fri, 20 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123591