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It is not justified to impose redemption fine equal to value of goods: CESTAT Delhi

Case Law Details

Case Name
Daya Enterprises Vs Commissioner of Customs (Export) (CESTAT Delhi)
Date of Judgement/Order
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Daya Enterprises Vs Commissioner of Customs (Export) (CESTAT Delhi) CESTAT Delhi held that the amount of redemption fine imposed by the Commissioner in the impugned order is equal to the value of the goods itself, the same is harsh, accordingly, concluded that the amount of redemption fine must be reduced. Facts- M/s Daya Enterprises filed this appeal to assail the Order in Original dated 15.09.2017 passed by the Commissioner of Customs (Exports) ICD TKD whereby he confirmed demand of Customs duty of Rs. 53,40,105/- on the appellant and imposed fine of Rs. 1,65,49,893/-and the penalty of Rs. 9...
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