https://www.taxtmi.com/caselaws?id=252795 The Tribunal set aside the redemption fine of Rs. 6,00,000 imposed on the appellant in an export case involving misdeclaration of goods, as the goods were cleared for export without the execution of a bond. The High Court remanded the matter for reconsideration, following the precedent that a redemption fine cannot be imposed if goods are exported without a bond. The appeal was disposed of accordingly, with the fine being revoked. en-us Tue, 11 Mar 2014 00:00:00 +0530 Tue, 04 Nov 2014 08:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252795 The Tribunal set aside the redemption fine of Rs. 6,00,000 imposed on the appellant in an export case involving misdeclaration of goods, as the goods were cleared for export without the execution of a bond. The High Court remanded the matter for reconsideration, following the precedent that a redemption fine cannot be imposed if goods are exported without a bond. The appeal was disposed of accordingly, with the fine being revoked. Case-Laws Customs Tue, 11 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252795