https://www.taxtmi.com/caselaws?id=385152 The Appellate Tribunal CESTAT Kolkata condoned the delay in filing appeals and allowed them after considering the explanations provided. The Tribunal upheld the confiscation of goods under Section 111(d) of the Customs Act, 1962, and the reduction of redemption fine and personal penalty by the Commissioner (Appeals). The Revenue's challenge to this reduction was rejected, with the Tribunal applying a precedent from CESTAT Delhi, finding the 10% redemption fine and 5% penalty appropriate. Consequently, the appeals filed by the Revenue were dismissed, and the impugned orders were upheld, disposing of the Revenue's Stay Petitions. en-us Wed, 26 Jun 2019 00:00:00 +0530 Mon, 11 Nov 2024 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385152 The Appellate Tribunal CESTAT Kolkata condoned the delay in filing appeals and allowed them after considering the explanations provided. The Tribunal upheld the confiscation of goods under Section 111(d) of the Customs Act, 1962, and the reduction of redemption fine and personal penalty by the Commissioner (Appeals). The Revenue's challenge to this reduction was rejected, with the Tribunal applying a precedent from CESTAT Delhi, finding the 10% redemption fine and 5% penalty appropriate. Consequently, the appeals filed by the Revenue were dismissed, and the impugned orders were upheld, disposing of the Revenue's Stay Petitions. Case-Laws Customs Wed, 26 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385152