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    <title>1995 (4) TMI 165 - CEGAT, BOMBAY</title>
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    <description>Section 125 of the Customs Act permits redemption of confiscated goods on payment of fine even where the option granted is re-export rather than clearance for home consumption. Once goods are confiscated, they vest in the Government, and permission to re-export does not extinguish the liability to pay redemption fine, though the amount may be reduced depending on the circumstances. The confiscation and penalty were upheld, and the redemption fine was sustained in principle but reduced on the facts.</description>
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      <title>1995 (4) TMI 165 - CEGAT, BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=84274</link>
      <description>Section 125 of the Customs Act permits redemption of confiscated goods on payment of fine even where the option granted is re-export rather than clearance for home consumption. Once goods are confiscated, they vest in the Government, and permission to re-export does not extinguish the liability to pay redemption fine, though the amount may be reduced depending on the circumstances. The confiscation and penalty were upheld, and the redemption fine was sustained in principle but reduced on the facts.</description>
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      <pubDate>Mon, 10 Apr 1995 00:00:00 +0530</pubDate>
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