https://www.taxtmi.com/caselaws?id=122480 The case involved misdeclaration and undervaluation of goods, legality of export without a special license, confiscation, and penalties. The Commissioner of Customs found the appellants guilty, leading to the absolute confiscation of the consignment and imposition of penalties. The Tribunal was divided on the right to redeem confiscated goods, with one member supporting redemption on payment of a fine. The final judgment by a third member allowed the redemption of goods on payment of a fine, setting aside the previous order and remanding the matter for determining the redemption amount. en-us Mon, 17 Apr 2006 00:00:00 +0530 Tue, 14 Aug 2012 10:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122480 The case involved misdeclaration and undervaluation of goods, legality of export without a special license, confiscation, and penalties. The Commissioner of Customs found the appellants guilty, leading to the absolute confiscation of the consignment and imposition of penalties. The Tribunal was divided on the right to redeem confiscated goods, with one member supporting redemption on payment of a fine. The final judgment by a third member allowed the redemption of goods on payment of a fine, setting aside the previous order and remanding the matter for determining the redemption amount. Case-Laws Customs Mon, 17 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122480