Redemption fine & penalty imposed without final assessment is not permissible

Redemption fine & penalty imposed by Revenue Department without final assessment is not permissible

The Hon’ble CESTAT Chandigarh in matter of M/s J.S. Steel Traders v. the Commissioner of Customs, Ludhiana [Custom Appeal No. 60037 of 2021, Final Order No. 60840/2021 dated May 24, 2021] set aside the order passed by the Revenue Department, imposing redemption fine and penalties on the assessee. Held that, without finalization of the assessment, re-assessment of the bill

Please become a Premium member. If you are already a Premium member, login here to access the full content.