Appellate authority can reduce customs redemption fines and penalties; highlights flexibility in penalty determinations. https://www.taxtmi.com/highlights?id=20051 Reduction in the quantum of redemption fine and penalty - There is no statutory prescription that the penalty should not be reduced by the appellate authority - HC en-us Sat, 13 Sep 2014 13:22:19 +0530 Sat, 13 Sep 2014 13:22:19 +0530 TaxTMI RSS Generator Appellate authority can reduce customs redemption fines and penalties; highlights flexibility in penalty determinations. https://www.taxtmi.com/highlights?id=20051 Reduction in the quantum of redemption fine and penalty - There is no statutory prescription that the penalty should not be reduced by the appellate authority - HC Highlights Customs Sat, 13 Sep 2014 13:22:19 +0530 https://www.taxtmi.com/highlights?id=20051