https://www.taxtmi.com/caselaws?id=4038 The Tribunal ruled in favor of the appellants, holding that a redemption fine cannot be imposed when the goods are not available for confiscation. Citing the cancellation of the bond and Bank Guarantee, the Tribunal found that previous Tribunal decisions supported this stance. The decision aligned with established precedent, granting relief to the appellants who had already paid duty and penalty. en-us Wed, 19 Dec 2007 00:00:00 +0530 Sat, 17 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4038 The Tribunal ruled in favor of the appellants, holding that a redemption fine cannot be imposed when the goods are not available for confiscation. Citing the cancellation of the bond and Bank Guarantee, the Tribunal found that previous Tribunal decisions supported this stance. The decision aligned with established precedent, granting relief to the appellants who had already paid duty and penalty. Case-Laws Customs Wed, 19 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4038