Refund of redemption fine and penalty directed due to delay in de novo proceedings: Madras HC

Sterling Petrochem Vs Assistant Commissioner of Customs (Refunds-II) (Madras High Court) Madras High Court held that due to unwanted delay in de novo proceedings by the Additional Commissioner of Customs, the refund claim of redemption fine and penalty is directed to be processed. Accordingly, refund granted. Facts- Additional Commissioner of Customs, Chennai issued Order-in-Original dated 02.07.2019 imposing redemption fine of Rs. 5,30,000 under Section 125 of the Customs Act, 1962, and a penalty of Rs. 3,60,000 under Section 112(a) of the Customs Act. Customs (Appeals-II), Chennai, vide ord...