https://www.taxtmi.com/caselaws?id=251416 Fixation of redemption fine and penalty under the Customs Act, 1962 is discretionary, subject only to the statutory maximum limits, and interference is justified only if the order is arbitrary or causes miscarriage of justice. On the facts, the Tribunal had relied on earlier decisions and there was no market enquiry to displace its assessment, so the refusal to enhance the fine and penalty was not found to be defective. The Court also held that no substantial question of law arose from the Tribunal's order, and the Revenue's challenge failed. en-us Fri, 22 Aug 2014 00:00:00 +0530 Thu, 15 Jan 2015 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251416 Fixation of redemption fine and penalty under the Customs Act, 1962 is discretionary, subject only to the statutory maximum limits, and interference is justified only if the order is arbitrary or causes miscarriage of justice. On the facts, the Tribunal had relied on earlier decisions and there was no market enquiry to displace its assessment, so the refusal to enhance the fine and penalty was not found to be defective. The Court also held that no substantial question of law arose from the Tribunal's order, and the Revenue's challenge failed. Case-Laws Customs Fri, 22 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251416