https://www.taxtmi.com/caselaws?id=217753 The court rejected the Revenue's appeal against the decision setting aside the confiscation order and redemption fine of Rs. 1 lakh due to a default in duty payment. The judgment emphasized that confiscation and fines are only applicable when goods have been seized and released provisionally after bond execution. The ruling clarified that if the fine is paid, the goods must be returned, in line with legal provisions and precedents. en-us Thu, 15 Dec 2011 00:00:00 +0530 Thu, 25 Oct 2012 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217753 The court rejected the Revenue's appeal against the decision setting aside the confiscation order and redemption fine of Rs. 1 lakh due to a default in duty payment. The judgment emphasized that confiscation and fines are only applicable when goods have been seized and released provisionally after bond execution. The ruling clarified that if the fine is paid, the goods must be returned, in line with legal provisions and precedents. Case-Laws Central Excise Thu, 15 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217753