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2007 (9) TMI 86
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....stoms, Mumbai has imposed a redemption fine of Rs. 15 lakhs in lieu of confiscation of 1540 cartons of 'Topaz' blades held liable to confiscation under Section 113(d) of the Customs Act, 1962 and released in terms of Tribunal's order dated 16-2-1999 and has also imposed a penalty of Rs. 2 lakhs on the appellants herein. 2.We have heard both sides. The goods have been treated as prohibited goods....
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.... under the cover of letter dated 26-5-2003 forwarding the consent terms and order passed by the High Court and stating that in view of the consent terms they were not desirous of pursuing the complaint and requesting the department to treat the matter as closed. In spite of that the adjudicating authority has held that the goods are prohibited goods under the Trade and Merchandise Marks Act and he....