https://www.taxtmi.com/caselaws?id=242156 The Tribunal set aside the redemption fine imposed on a 100% EOU manufacturing polyester yarn as the goods were not physically seized, making confiscation and release on redemption fine invalid. Additionally, the Tribunal ruled that partners cannot face personal penalties when the firm is already penalized, aligning with a judgment of the High Court of Gujarat. Consequently, the penalties on the partners were also set aside, disposing of both appeals. en-us Mon, 06 Jun 2011 00:00:00 +0530 Thu, 09 Jan 2014 09:42:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242156 The Tribunal set aside the redemption fine imposed on a 100% EOU manufacturing polyester yarn as the goods were not physically seized, making confiscation and release on redemption fine invalid. Additionally, the Tribunal ruled that partners cannot face personal penalties when the firm is already penalized, aligning with a judgment of the High Court of Gujarat. Consequently, the penalties on the partners were also set aside, disposing of both appeals. Case-Laws Customs Mon, 06 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242156