https://www.taxtmi.com/caselaws?id=94999 Redemption fine on confiscated imported consumer goods was moderated because the goods had remained under customs detention for a prolonged period, causing storage loss, capital blockage and demurrage charges. The fine was assessed in light of the enhanced value of the goods and the prejudice caused by detention, leading to partial relief. The redemption fine was reduced from Rs. 9.00 lakhs to Rs. 7.00 lakhs, while confiscation and the remaining adjudicatory findings were left undisturbed. en-us Fri, 20 Oct 2000 00:00:00 +0530 Wed, 07 Dec 2011 11:19:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94999 Redemption fine on confiscated imported consumer goods was moderated because the goods had remained under customs detention for a prolonged period, causing storage loss, capital blockage and demurrage charges. The fine was assessed in light of the enhanced value of the goods and the prejudice caused by detention, leading to partial relief. The redemption fine was reduced from Rs. 9.00 lakhs to Rs. 7.00 lakhs, while confiscation and the remaining adjudicatory findings were left undisturbed. Case-Laws Customs Fri, 20 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94999