https://www.taxtmi.com/caselaws?id=174508 The Appeals before the Appellate Tribunal CESTAT Kolkata involved a dispute over the reduction of redemption fine and penalty. The Revenue sought an increase based on profit margin arguments, while the Respondents accepted an enhanced value but relied on legal precedents. The Member upheld the Commissioner (Appeals)' decision, citing consistency with prior cases like Navpad Enterprises. Emphasizing the importance of uniformity in applying legal precedents, the Member dismissed the Appeals, affirming the reduced redemption fine and penalty. en-us Wed, 30 Dec 2009 00:00:00 +0530 Fri, 26 May 2017 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174508 The Appeals before the Appellate Tribunal CESTAT Kolkata involved a dispute over the reduction of redemption fine and penalty. The Revenue sought an increase based on profit margin arguments, while the Respondents accepted an enhanced value but relied on legal precedents. The Member upheld the Commissioner (Appeals)' decision, citing consistency with prior cases like Navpad Enterprises. Emphasizing the importance of uniformity in applying legal precedents, the Member dismissed the Appeals, affirming the reduced redemption fine and penalty. Case-Laws Customs Wed, 30 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174508