Redemption Fine not Imposable when Minimum Import Price Paid on Prime Pre-painted Steel Coils: CESTAT quashes Penalty under Customs Act [Read Order]
It was held that once the confiscation is set aside, the question of the imposition of a penalty under Section 112(a) the Customs Act, 1962 does not arise
The Chandigarh Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has held that a redemption fine is not imposable when the minimum import price paid on prime pre-painted steel coils and quashed the penalty under the Customs Act, 1962. M/s Hindustan Distributors, the appellant/assessee filed six bills of entry for the…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
