CESTAT sets aside Redemption Fine and Penalty imposed after reduction, on Confirmation of Confiscation

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai set aside redemption fine and penalty imposed after reduction, on confirmation of confiscation, albeit after reduction in appellate proceedings attendant upon confirmation of confiscation ordered under section 111(o) of Customs Act, 1962. The appeal was filed by Apex International, the appellant against the order of…

Source Taxscan

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