https://www.taxtmi.com/caselaws?id=125894 The CESTAT, New Delhi upheld the imposition of redemption fine and penalty on the appellant for non-accountal of finished goods in statutory records, following the initial release order being set aside. The Tribunal applied the Supreme Court precedent in Weston Components Ltd., reducing the redemption fine to Rs. 10,000 and the penalty to Rs. 5,000 based on the circumstances and duty involved. en-us Fri, 27 Feb 2009 00:00:00 +0530 Wed, 31 Oct 2012 13:09:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125894 The CESTAT, New Delhi upheld the imposition of redemption fine and penalty on the appellant for non-accountal of finished goods in statutory records, following the initial release order being set aside. The Tribunal applied the Supreme Court precedent in Weston Components Ltd., reducing the redemption fine to Rs. 10,000 and the penalty to Rs. 5,000 based on the circumstances and duty involved. Case-Laws Central Excise Fri, 27 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125894