2014 (11) TMI 112

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....ndal; The appellant is in appeal. This is a 2nd round of litigation. In the earlier round, a redemption fine of Rs. 6,00,000/- was confirmed against the appellant which was challenged before the Hon'ble High Court of Bombay and the Hon'ble High Court has remanded the matter back to this Tribunal for reconsideration of the issue. 2. Brief facts of the case are that the appellant had e....

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.... are not liable for confiscation as the same is not available and also observed that the appellant has not executed any bond or undertaking before the goods were cleared for export and consequently, this Tribunal reduced the redemption fine from Rs. 8,00,000/- to Rs. 6,00,000/-. This part of the order was challenged by the appellant before the Hon'ble High Court has remanded the matter to this....