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    <title>2005 (10) TMI 349 - CESTAT, NEW DELHI</title>
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    <description>The tribunal dismissed the appeal, stating that the confiscated currency notes could only be released to the owner upon payment of a redemption fine, which was not fulfilled as the employer, M/s. Newton Engineering and Construction Company Ltd., did not claim ownership before the adjudicating authority. The judgment highlighted the necessity of ownership verification and adherence to Customs Act provisions for the release of confiscated goods.</description>
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    <pubDate>Wed, 26 Oct 2005 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=116746</link>
      <description>The tribunal dismissed the appeal, stating that the confiscated currency notes could only be released to the owner upon payment of a redemption fine, which was not fulfilled as the employer, M/s. Newton Engineering and Construction Company Ltd., did not claim ownership before the adjudicating authority. The judgment highlighted the necessity of ownership verification and adherence to Customs Act provisions for the release of confiscated goods.</description>
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