https://www.taxtmi.com/caselaws?id=204428 The tribunal upheld the levy of Countervailing Duty on imported used rubber tyres, classified as pneumatic tyres under EXIM Code 40122000.10. The appellants' appeal against the penalty imposition was rejected, with the tribunal deeming the fine amount reasonable based on the goods' value. The Commissioner (Appeals) had reduced the redemption fine but upheld other aspects of the adjudication order. The tribunal affirmed the decision, dismissing the appeal and maintaining the confiscation of goods and differential duty payment. en-us Wed, 02 Dec 2009 00:00:00 +0530 Wed, 05 Jun 2013 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204428 The tribunal upheld the levy of Countervailing Duty on imported used rubber tyres, classified as pneumatic tyres under EXIM Code 40122000.10. The appellants' appeal against the penalty imposition was rejected, with the tribunal deeming the fine amount reasonable based on the goods' value. The Commissioner (Appeals) had reduced the redemption fine but upheld other aspects of the adjudication order. The tribunal affirmed the decision, dismissing the appeal and maintaining the confiscation of goods and differential duty payment. Case-Laws Central Excise Wed, 02 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204428