Redemption Fine for Alleged Kiwi Fruit Undervaluation Challenged After Costly Re-Export Demurrage Losses.

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....Imposition of redemption fine and penalty - import of Kiwi Fruits - undervaluation - the appellant has incurred huge loss due to demurrage charges etc. as the goods have been ordered to be re-exported. The goods are of perishable nature. Since they are ordered to be re-exported, the redemption fine imposed is without any basis and requires to be set aside - AT....