Redemption Fine & Penalties: CESTAT Chennai Remands Case for Reconsideration of Judicial Precedents

SLV Trading Company Vs Commissioner of Customs (CESTAT Chennai)

Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Chennai has remanded the case of SLV Trading Company vs. Commissioner of Customs for reconsideration. The appeal was filed against the imposition of redemption fine and penalties under Sections 112(a) and 114AA of the Customs Act, 1962. The appellant argued that the Commissioner (Appeals) had failed to consider binding judicial precedents while upholding the penalties, warranting a fresh review of the case.

During the hearing, the appellant’s cou

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