https://www.taxtmi.com/caselaws?id=48685 The larger bench of the Tribunal concluded that the appeals could not be dismissed as time-barred due to the High Court's remittance. However, on the substantive issue, the bench upheld the fines imposed by the Collector of Customs and Central Excise, Ahmedabad, rejecting the appeals for reduction in redemption fines. The decision affirmed the Collector's stance that the import licenses were invalid and that the fines of Rs. 2 crores and Rs. 3 crores were justified given the circumstances. en-us Wed, 31 Dec 1986 00:00:00 +0530 Fri, 03 Nov 2023 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48685 The larger bench of the Tribunal concluded that the appeals could not be dismissed as time-barred due to the High Court's remittance. However, on the substantive issue, the bench upheld the fines imposed by the Collector of Customs and Central Excise, Ahmedabad, rejecting the appeals for reduction in redemption fines. The decision affirmed the Collector's stance that the import licenses were invalid and that the fines of Rs. 2 crores and Rs. 3 crores were justified given the circumstances. Case-Laws Customs Wed, 31 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48685