https://www.taxtmi.com/caselaws?id=121879 The Commissioner of Customs (Appeals) set aside the order of confiscation and redemption fine of imported machinery under Section 111 of the Customs Act, ruling that goods unconditionally released and not available cannot be confiscated. The Tribunal upheld this decision, emphasizing that goods must be present for confiscation or redemption fines to apply, in accordance with Section 126 of the Customs Act. The appeal by the revenue, arguing for confiscation even without physical goods, was rejected based on established case law principles. en-us Fri, 25 May 2007 00:00:00 +0530 Mon, 06 Aug 2012 18:33:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121879 The Commissioner of Customs (Appeals) set aside the order of confiscation and redemption fine of imported machinery under Section 111 of the Customs Act, ruling that goods unconditionally released and not available cannot be confiscated. The Tribunal upheld this decision, emphasizing that goods must be present for confiscation or redemption fines to apply, in accordance with Section 126 of the Customs Act. The appeal by the revenue, arguing for confiscation even without physical goods, was rejected based on established case law principles. Case-Laws Customs Fri, 25 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121879