https://www.taxtmi.com/caselaws?id=751001 CESTAT Chennai ruled in favor of appellant who ordered Aluminium Alloy Ingots but received Stone Chips instead. The tribunal set aside the redemption fine of Rs.19 lakhs imposed by Commissioner (Appeals), holding that when goods are abandoned, no redemption fine applies as confiscation merely facilitates government custody. The court granted re-credit of duty debited from Advance Authorisation Scrips for the originally ordered Aluminium Alloy Ingots, finding appellant not liable for duty on unordered Stone Chips. Penalty of Rs.30,000 remained undisturbed as appellant did not contest it. en-us Wed, 03 Apr 2024 00:00:00 +0530 Thu, 04 Apr 2024 20:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751001 CESTAT Chennai ruled in favor of appellant who ordered Aluminium Alloy Ingots but received Stone Chips instead. The tribunal set aside the redemption fine of Rs.19 lakhs imposed by Commissioner (Appeals), holding that when goods are abandoned, no redemption fine applies as confiscation merely facilitates government custody. The court granted re-credit of duty debited from Advance Authorisation Scrips for the originally ordered Aluminium Alloy Ingots, finding appellant not liable for duty on unordered Stone Chips. Penalty of Rs.30,000 remained undisturbed as appellant did not contest it. Case-Laws Customs Wed, 03 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751001