https://www.taxtmi.com/caselaws?id=124613 The Tribunal dismissed the Revenue's application for rectification of a mistake in the penalty and redemption fine imposition order. It upheld its previous decision that penalty cannot be imposed twice on the same goods, reducing the redemption fine while setting aside the penalty imposed by the adjudicating authority under Section 112(a) of the Customs Act, 1962. The Tribunal found no error in its previous order and reiterated the distinction between penalty and redemption fine under the Customs Act, 1962. en-us Thu, 17 Jul 2008 00:00:00 +0530 Wed, 03 Oct 2012 14:26:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124613 The Tribunal dismissed the Revenue's application for rectification of a mistake in the penalty and redemption fine imposition order. It upheld its previous decision that penalty cannot be imposed twice on the same goods, reducing the redemption fine while setting aside the penalty imposed by the adjudicating authority under Section 112(a) of the Customs Act, 1962. The Tribunal found no error in its previous order and reiterated the distinction between penalty and redemption fine under the Customs Act, 1962. Case-Laws Customs Thu, 17 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124613