No Redemption Fine when Goods allowed to be Re-Exported

Perfect Trading Company Vs Commissioner of Customs (AIR) (CESTAT Chennai) In the present case, the adjudicating authority has also imposed penalty of Rs.2 lakhs. The adjudicating authority after considering the submissions made by the appellant that the goods were intended to be supplied to another customer of another country has allowed the request for re-export. On such score, when the goods have not been intended to be imported by the appellant, no penalty can be imposed. FULL TEXT OF THE CESTAT CHENNAI ORDER Based on specific intelligence by SIIB, Chennai, the goods imported by the appell...