https://www.taxtmi.com/caselaws?id=278892 The revision application seeking permission for re-export or redemption of confiscated jewelry was partially successful. The request for re-export was denied due to lack of evidence and prior request before the Commissioner (Appeals). The redemption fine imposed was deemed reasonable at 15% of the confiscated goods' value, and no reduction was warranted. However, the personal penalty was reduced from &8377; 2,00,000 to &8377; 50,000 considering the applicant's circumstances as a Foreign national who recently lost her husband. The revision application was allowed, modifying the Commissioner (Appeals) order to reduce the personal penalty while maintaining the redemption fine. en-us Thu, 11 Jan 2018 00:00:00 +0530 Sun, 24 Feb 2019 14:02:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278892 The revision application seeking permission for re-export or redemption of confiscated jewelry was partially successful. The request for re-export was denied due to lack of evidence and prior request before the Commissioner (Appeals). The redemption fine imposed was deemed reasonable at 15% of the confiscated goods' value, and no reduction was warranted. However, the personal penalty was reduced from &8377; 2,00,000 to &8377; 50,000 considering the applicant's circumstances as a Foreign national who recently lost her husband. The revision application was allowed, modifying the Commissioner (Appeals) order to reduce the personal penalty while maintaining the redemption fine. Case-Laws Customs Thu, 11 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278892