Right of Redemption available as Imported Areca Nuts are not Prohibited Goods: CESTAT confirms Reduction of Penalty [Read Order]

By Kalyani B. Nair - On April 20, 2023 4:30 pm - 2 mins read
Redemption - Imported Areca Nuts - Prohibited Goods - CESTAT - Reduction of Penalty - Penalty - taxscan

The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), confirmed the reduction of penalty on the ground that the right of redemption is available as imported areca nuts are not prohibited goods. The Revenue filed the appeal to assail the order in appeal passed by the Commissioner (Appeals) wherein he…

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