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<h1>Redemption fine limits: option to pay in lieu of confiscation available subject to market value cap and procedural safeguards.</h1> Quasi judicial adjudication under the Customs Act mandates notice, opportunity for representation and hearing before penalties or confiscation; specified officers have adjudicatory limits as notified. Section 125 permits an option to pay a redemption fine in lieu of confiscation subject to a market value cap (with adjustments for duty in certain cases) and procedural exceptions; confiscated goods vest in the government under section 126. Redemption fines do not remove liability for duties and lapse if not timely exercised unless an appeal is pending.