2018 (4) TMI 1196

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....alagopal, Consultant, For the Appellant Shri R.Subramanian, AC (AR), For the Respondent Per Bench The brief facts are that the appellants filed 20 shipping bills dt.2.9.2009 in respect of 100% cotton Knitted Girls Tank Top, 100% Cotton Knitted Men's T-shirts, 100% Cotton Men's Vest to M/s. Budes Trading Co., Dubai, UAE declaring the total FOB value of Rs. 1,73,14,909/- and claiming drawba....

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....enalty of Rs. 1,50,000/- under section 114 of Customs Act, 1962. 2. The appellants filed the appeal before the Commissioner (Appeals) who reduced the fine to Rs. 2.50,000/- and the penalty to Rs. 1,50,000/-. Aggrieved, the appellant is now before the Tribunal. 3. The Ld. Consultant Shri R Balagopal appearing for appellant submitted that the appellant confines the challenge to the redemption ....