https://www.taxtmi.com/caselaws?id=206762 The Tribunal remanded the case back to the adjudicating authority to determine the redemption fine based on specific grounds as required by Section 125 of the Customs Act. The Tribunal found the basis for imposing the redemption fine unclear and emphasized the need for a specific basis, such as a market survey. The matter was also remanded for reconsideration of the penalty, granting the appellant an opportunity to present their case. The appeal was allowed through remand. en-us Mon, 03 Oct 2011 00:00:00 +0530 Wed, 16 Nov 2011 06:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206762 The Tribunal remanded the case back to the adjudicating authority to determine the redemption fine based on specific grounds as required by Section 125 of the Customs Act. The Tribunal found the basis for imposing the redemption fine unclear and emphasized the need for a specific basis, such as a market survey. The matter was also remanded for reconsideration of the penalty, granting the appellant an opportunity to present their case. The appeal was allowed through remand. Case-Laws Customs Mon, 03 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206762