https://www.taxtmi.com/caselaws?id=345774 Where bona fides were accepted in a duty-evasion matter, redemption fine in lieu of confiscation was held unwarranted and was set aside. The Tribunal noted that the goods had been cleared without payment of duty, but earlier remand directions had recognised the assessee's bona fides, so mandatory redemption fine was not justified. By contrast, the nominal penalty imposed under Section 11AC was found consistent with the remand directions and the recorded facts, and there was no basis to enhance it. The assessee obtained relief only on redemption fine, while the nominal penalty was maintained. en-us Fri, 16 Jun 2017 00:00:00 +0530 Thu, 27 Jul 2017 08:12:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345774 Where bona fides were accepted in a duty-evasion matter, redemption fine in lieu of confiscation was held unwarranted and was set aside. The Tribunal noted that the goods had been cleared without payment of duty, but earlier remand directions had recognised the assessee's bona fides, so mandatory redemption fine was not justified. By contrast, the nominal penalty imposed under Section 11AC was found consistent with the remand directions and the recorded facts, and there was no basis to enhance it. The assessee obtained relief only on redemption fine, while the nominal penalty was maintained. Case-Laws Central Excise Fri, 16 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345774