2016 (6) TMI 306

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Ranjan, Advocate. For the Respondent : Sh. K. Poddar,  DR ORDER Appellants submits that for no reasons of any mis-declaration or conscious involved the appellant should not be penalised and redemption fine of Rs. 3,50,000/-  and penalty of Rs. 1 lakh as has been levied by the ld. Commissioner (A) are liable to be set-aside. 2.  Briefly placing the background of the case,....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....y under Section 114A of the Customs Act, 1962.  3.  Revenue says that there is justification for imposition of redemption  fine and penalty. 4.  Heard both sides and perused the records. 5.  It may be stated that redemption fine is a penalty which is action in rem.  When the offending goods itself submitted to the mis-declaration of the description and  ....