2008 (7) TMI 781

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....ondent. [Order per :  M.V. Ravindran, Member (J)]. - This application is filed by the Revenue for rectification of mistake in our order dated 2-11-2007. The application for Rectification of Mistake filed by the Revenue points out the following mistakes :- "(i) In sub-para (d) of para 56 of the Order-in-Original No. 10/CAC/CC-I/A.H. dt. 29-1-03 the adjudicating authority has held the ....

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.... para 56 of the Order-in-Original the redemption fine was imposed on the goods valued at Rs. 11,20,150/- by DRI (referred to in para 10 of the Order-in-Original). The Hon'ble CESTAT has set aside the penalty of Rs. 10 lakhs imposed under sub para (d) (holding it penalty in lieu of confiscation) and reduced the redemption fine of Rs. 10 lakhs imposd under sub-para (e) to Rs. 2 lakhs, holding that t....