Sushmita Goswami | Feb 24, 2022 |
Redemption Fine Cannot be Applied on Goods that are Allowed to be Re-Exported: CESTAT Chennai
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT Chennai) in the matter of M/s. Perfect Trading Company vs Commissioner of Customs has allowed that Redemption Fine cannot be applied on goods that are allowed to be Re-Exported.
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.
The order was made by Sulekha Beevi C.S. (Judicial Member).
Shri Gaurav Prakash, was Advocate for the Appellant i.e. M/s. Perfect Trading Company and Shri R. Rajaraman, AC (AR) for the Respondent i.e. Commissioner of Customs.
To Read Order Download PDF Given Below:
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