https://www.taxtmi.com/caselaws?id=96476 The tribunal ordered the confiscated imported car to be released to the appellant for home consumption upon payment of a reduced fine and penalty. It emphasized that the adjudicating authority's imposition of re-export conditions was incorrect, aligning with precedents allowing the importer to choose between home consumption and re-export upon payment of the redemption fine. The tribunal reduced the redemption fine and penalty, directing the release of the car for home consumption within three days of payment and prohibiting the creation of any third-party interest for six months post-release. en-us Thu, 26 Apr 2007 00:00:00 +0530 Thu, 19 Apr 2018 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96476 The tribunal ordered the confiscated imported car to be released to the appellant for home consumption upon payment of a reduced fine and penalty. It emphasized that the adjudicating authority's imposition of re-export conditions was incorrect, aligning with precedents allowing the importer to choose between home consumption and re-export upon payment of the redemption fine. The tribunal reduced the redemption fine and penalty, directing the release of the car for home consumption within three days of payment and prohibiting the creation of any third-party interest for six months post-release. Case-Laws Customs Thu, 26 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96476