https://www.taxtmi.com/caselaws?id=351649 The Tribunal reduced the redemption fine and penalty imposed on the appellant for customs duty evasion from Rs. 5,00,000 and Rs. 2,00,000 to Rs. 2,50,000 and Rs. 75,000, respectively. This decision was based on the decrease in the market value of the electronic goods seized and the Customs duty paid by the appellant, leading to a more just outcome in favor of the appellant. en-us Tue, 29 Aug 2017 00:00:00 +0530 Wed, 29 Nov 2017 07:32:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351649 The Tribunal reduced the redemption fine and penalty imposed on the appellant for customs duty evasion from Rs. 5,00,000 and Rs. 2,00,000 to Rs. 2,50,000 and Rs. 75,000, respectively. This decision was based on the decrease in the market value of the electronic goods seized and the Customs duty paid by the appellant, leading to a more just outcome in favor of the appellant. Case-Laws Customs Tue, 29 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351649