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2005 (6) TMI 49

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....r>Dated:- 30-6-2005<br>9 of 2005 - -<br>Customs<br>Redemption fine<br>S. Radhakrishnan and J.H. Bhatia, JJ. [Order]. - P.C. :&#8195;Heard the learned Counsel for the Appellant and for the Respondent.....

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....ears that it is an established practice of Customs to condone such exchange rate fluctuations. In this case, the CESTAT has rightly held that no redemption fine has to be levied view of currency rate ....