https://www.taxtmi.com/caselaws?id=124035 When duty is requantified on remand, the assessee's claim for deduction under Section 4(4)(d)(ii) must be examined afresh as part of valuation. Redemption fine cannot be sustained, and bank guarantee proceeds cannot be appropriated towards confiscation-related liability, where the show-cause notice did not propose confiscation of the goods. The penalty question was also left for fresh consideration on remand. The matter was returned to the original authority for fresh quantification of duty and reconsideration of the consequential levy and penalty issues in accordance with law. en-us Wed, 30 Jul 2008 00:00:00 +0530 Mon, 24 Sep 2012 17:44:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124035 When duty is requantified on remand, the assessee's claim for deduction under Section 4(4)(d)(ii) must be examined afresh as part of valuation. Redemption fine cannot be sustained, and bank guarantee proceeds cannot be appropriated towards confiscation-related liability, where the show-cause notice did not propose confiscation of the goods. The penalty question was also left for fresh consideration on remand. The matter was returned to the original authority for fresh quantification of duty and reconsideration of the consequential levy and penalty issues in accordance with law. Case-Laws Central Excise Wed, 30 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124035