Confiscation of goods and conveyances: owners may be offered a fine in lieu, but tax and penalties remain payable. Where supply, receipt, non accounting, unregistered supply, contravention with intent to evade tax, or improper use of a conveyance occurs, goods or conveyances are liable to confiscation and the person liable to penalty, subject to a hearing. The adjudicating officer must offer an option to pay a fine in lieu of confiscation (not exceeding market value less tax), with the aggregate of fine and penalty at least equal to the prescribed penalty; payment of such fine does not relieve tax, penalty or charges. Confiscated property vests in the Government and may be disposed of after prescribed procedures.