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    <title>1988 (9) TMI 231 - CEGAT, BOMBAY</title>
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    <description>Redemption fine in lieu of confiscation is unwarranted where importers relied on a specific clarification from import control authorities and the record shows no conscious disregard of licensing requirements. Even if confiscation of the imported goods could otherwise be sustained, the absence of contumacious, dishonest, or mala fide conduct means monetary penalty by way of redemption fine is not justified. In such circumstances, a caution would be sufficient, and the redemption fine is set aside.</description>
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      <link>https://www.taxtmi.com/caselaws?id=80147</link>
      <description>Redemption fine in lieu of confiscation is unwarranted where importers relied on a specific clarification from import control authorities and the record shows no conscious disregard of licensing requirements. Even if confiscation of the imported goods could otherwise be sustained, the absence of contumacious, dishonest, or mala fide conduct means monetary penalty by way of redemption fine is not justified. In such circumstances, a caution would be sufficient, and the redemption fine is set aside.</description>
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      <pubDate>Mon, 26 Sep 1988 00:00:00 +0530</pubDate>
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