2021 (8) TMI 542

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....dvocate for the Appellant Ms. K. Komathi, Authorized Representative for the Respondent ORDER : Heard Shri G. Derrick Sam, Learned Advocate appearing for the appellant and Ms. K. Komathi, Learned Departmental Representative appearing for the Revenue. 2. The only issue is whether the Revenue was justified in imposing redemption fine under Section 125 (1) of the Customs Act, 1962 and pena....

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.... change in law at the time of signing of the contract or when the invoice was raised in terms of the contract. 4. I find that the co-ordinate Delhi Bench of the CESTAT in the case of M/s. P.T. Impex Pvt. Ltd. v. C.C.E., Delhi-III reported in 2014 (302) E.L.T. 154 (Tri. - Del.) supports the above view, which order was also confirmed by the Hon'ble High Court of Punjab and Haryana as reported in ....