https://www.taxtmi.com/caselaws?id=2683 The Tribunal allowed the appeals, remanding the matter to the Commissioner for the appellants to redeem the confiscated goods under Section 125 of the Customs Act. The Tribunal stressed the need for a fair and just exercise of discretion by the adjudicating authority in determining the fine and penalty, without a fixed formula. en-us Thu, 30 Aug 2007 00:00:00 +0530 Wed, 16 Apr 2008 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2683 The Tribunal allowed the appeals, remanding the matter to the Commissioner for the appellants to redeem the confiscated goods under Section 125 of the Customs Act. The Tribunal stressed the need for a fair and just exercise of discretion by the adjudicating authority in determining the fine and penalty, without a fixed formula. Case-Laws Customs Thu, 30 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2683