https://www.taxtmi.com/caselaws?id=198861 The Tribunal upheld the imposition of redemption fine and personal penalties, citing the timely issuance of the show cause notice under Section 110 of the Customs Act, 1962. It determined that the provisions of the Customs Act were applicable in the case involving the seizure of excisable goods. The confiscation of goods under Rule 25 of the Central Excise Rules, 2002, was deemed appropriate, leading to a reduction in the redemption fine from Rs. 5 lakhs to Rs. 1 lakh and a decrease in personal penalties to Rs. 15,000 each for two employees. en-us Fri, 17 Jun 2016 00:00:00 +0530 Sat, 10 Feb 2018 17:19:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198861 The Tribunal upheld the imposition of redemption fine and personal penalties, citing the timely issuance of the show cause notice under Section 110 of the Customs Act, 1962. It determined that the provisions of the Customs Act were applicable in the case involving the seizure of excisable goods. The confiscation of goods under Rule 25 of the Central Excise Rules, 2002, was deemed appropriate, leading to a reduction in the redemption fine from Rs. 5 lakhs to Rs. 1 lakh and a decrease in personal penalties to Rs. 15,000 each for two employees. Case-Laws Central Excise Fri, 17 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198861