https://www.taxtmi.com/highlights?id=84153 The CESTAT upheld the duty demand, confiscation of imported goods for non-fulfilment of export obligation u/s 111(o), imposition of redemption fine u/s 125, and penalties of Rs.5,00,000/- on Appellant 1 and Rs.2,00,000/- each on Appellants 2 and 3 of the Customs Act, 1962. The duty quantified, redemption fine and penalties imposed in the impugned order were found correct and sustainable. The appeal was dismissed. en-us Fri, 20 Dec 2024 08:46:57 +0530 Fri, 20 Dec 2024 08:46:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84153 The CESTAT upheld the duty demand, confiscation of imported goods for non-fulfilment of export obligation u/s 111(o), imposition of redemption fine u/s 125, and penalties of Rs.5,00,000/- on Appellant 1 and Rs.2,00,000/- each on Appellants 2 and 3 of the Customs Act, 1962. The duty quantified, redemption fine and penalties imposed in the impugned order were found correct and sustainable. The appeal was dismissed. Highlights Customs Fri, 20 Dec 2024 08:46:57 +0530 https://www.taxtmi.com/highlights?id=84153