https://www.taxtmi.com/highlights?id=69867 Adjust of sale proceeds of goods auctioned - Seized goods could not be cleared due to financial difficulty - Appeal were pending - The respondent/revenue, having sold the goods, which it could not have done, since the appeal was pending at the relevant time, we find that there is no good reason for adjustment of redemption fine. - Revenue shall disburse the amount of sale proceeds pursuant to auction sales by only adjusting the amount of penalty. - AT en-us Sat, 20 May 2023 12:28:47 +0530 Sat, 20 May 2023 12:28:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69867 Adjust of sale proceeds of goods auctioned - Seized goods could not be cleared due to financial difficulty - Appeal were pending - The respondent/revenue, having sold the goods, which it could not have done, since the appeal was pending at the relevant time, we find that there is no good reason for adjustment of redemption fine. - Revenue shall disburse the amount of sale proceeds pursuant to auction sales by only adjusting the amount of penalty. - AT Highlights Customs Sat, 20 May 2023 12:28:47 +0530 https://www.taxtmi.com/highlights?id=69867