CESTAT Chandigarh Reduces Redemption Fine to 10% of Goods Value

Genuine Copier System Vs Commissioner of Customs (CESTAT Chandigarh) In a decision offering partial relief to an importer, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh, has significantly reduced the redemption fine and upheld a lower penalty amount on a consignment of imported used digital multifunction devices. The tribunal, in the case of Genuine Copier System Versus Commissioner of Customs (Customs Appeal No. 60465 of 2023, dated 07.05.2025), applied a judicial precedent to cap the redemption fine at 10% of the re-determined value of the goods. The case involv...