https://www.taxtmi.com/caselaws?id=152390 Reduction of redemption fine and penalty was found justified where imported goods were brought in for the first time, no misdeclaration was shown, and the importer had incurred substantial demurrage and related expenses. The Commissioner (Appeals) considered the record, the surrounding circumstances, the import policy issue, and the duty already paid before reducing the amounts. On those facts, appellate interference was held unwarranted, and the revenue challenge was rejected, leaving the reduced redemption fine and penalty undisturbed. en-us Thu, 06 Aug 2009 00:00:00 +0530 Tue, 02 Jul 2013 15:38:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152390 Reduction of redemption fine and penalty was found justified where imported goods were brought in for the first time, no misdeclaration was shown, and the importer had incurred substantial demurrage and related expenses. The Commissioner (Appeals) considered the record, the surrounding circumstances, the import policy issue, and the duty already paid before reducing the amounts. On those facts, appellate interference was held unwarranted, and the revenue challenge was rejected, leaving the reduced redemption fine and penalty undisturbed. Case-Laws Central Excise Thu, 06 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152390