Customs redemption option amended to restrict applicability and void unpaid fine elections after 120 days. Section 125 of the Customs Act was amended to restrict the proviso to sub-section (1) where proceedings are deemed concluded under section 28 in respect of goods that are not prohibited or restricted. A new sub-section (3) provides that if the fine imposed under sub-section (1) is not paid within 120 days from the date of the option, the option becomes void unless an appeal is pending. An explanation allows exercise of the option within 120 days from Presidential assent for certain earlier orders.
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Provisions expressly mentioned in the judgment/order text.
Customs redemption option amended to restrict applicability and void unpaid fine elections after 120 days.
Section 125 of the Customs Act was amended to restrict the proviso to sub-section (1) where proceedings are deemed concluded under section 28 in respect of goods that are not prohibited or restricted. A new sub-section (3) provides that if the fine imposed under sub-section (1) is not paid within 120 days from the date of the option, the option becomes void unless an appeal is pending. An explanation allows exercise of the option within 120 days from Presidential assent for certain earlier orders.
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