2018 (8) TMI 1025

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.... For the Respondent ORDER Per: P. ANJANI KUMAR M/s. Focus Energy Ltd. has filed this appeal before this Bench against the Order-in-Original No. COC-CUSTOM-000-COM-066-12-13 dated 20.01.2014 passed by the learned Commissioner of Customs, Cochin wherein a demand of Rs. 1,32,13,016/- on the tug 'M.V. Shunter' and duty of Rs. 11,48,43,512/- on rig 'Mercury Focus' along with the interest and p....

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....ous application requesting this Bench to pass an interim order allowing the applicants to remove the goods on payment of redemption fine. 3. The learned Counsel for the appellants has pleaded that as there is some urgency, at least, the release of the tug may be considered by the Bench on payment of redemption fine. The learned Departmental Representative has submitted that in terms of Section ....

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..... Shunter' are not the owner of the tug; it was imported on re-export basis; no foreign exchange was remitted against the other goods and that the applicants now obliged to immediately handover the said tug to the respectful owners. We find that the request of the appellants can be accepted. 6. In view of the above, we direct the respondents to release the tug on payment of redemption fine of R....