https://www.taxtmi.com/caselaws?id=4078 The Tribunal dismissed the Revenue's appeals against the Order-in-Appeal regarding redemption fine imposition for fraudulently procured DEPB Scripts. It was held that no redemption fine could be imposed as the goods were unconditionally released with no evidence of mala fide procurement. The decision emphasized the lack of fraudulent intent by the respondent and cited legal principles prohibiting redemption fine when goods are not available for confiscation or cleared under bond. The Commissioner (Appeals) decision was upheld, rejecting the Revenue's arguments for redemption fine imposition. en-us Fri, 30 Nov 2007 00:00:00 +0530 Mon, 19 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4078 The Tribunal dismissed the Revenue's appeals against the Order-in-Appeal regarding redemption fine imposition for fraudulently procured DEPB Scripts. It was held that no redemption fine could be imposed as the goods were unconditionally released with no evidence of mala fide procurement. The decision emphasized the lack of fraudulent intent by the respondent and cited legal principles prohibiting redemption fine when goods are not available for confiscation or cleared under bond. The Commissioner (Appeals) decision was upheld, rejecting the Revenue's arguments for redemption fine imposition. Case-Laws Customs Fri, 30 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4078