https://www.taxtmi.com/caselaws?id=48344 The Court upheld the Tribunal's decision to release confiscated goods despite the cancellation of a certificate under the Kar Vivad Samadhan Scheme. The appellant's argument that the goods should not have been released due to the cancelled certificate was dismissed as the redemption option was not exercised within the specified period. The Court affirmed that the failure to seek redemption within the granted timeframe justified holding onto the Bank Guarantee and bond, leading to the dismissal of the appeal. en-us Mon, 28 Jul 2008 00:00:00 +0530 Wed, 04 Aug 2010 10:08:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48344 The Court upheld the Tribunal's decision to release confiscated goods despite the cancellation of a certificate under the Kar Vivad Samadhan Scheme. The appellant's argument that the goods should not have been released due to the cancelled certificate was dismissed as the redemption option was not exercised within the specified period. The Court affirmed that the failure to seek redemption within the granted timeframe justified holding onto the Bank Guarantee and bond, leading to the dismissal of the appeal. Case-Laws Central Excise Mon, 28 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48344