https://www.taxtmi.com/caselaws?id=123539 The Tribunal set aside the confiscation and penalty imposed on the appellant for carrying undeclared Indian currency at Chennai airport, citing the appellant's right to redeem the confiscated currency under Section 125. The case was remanded for fresh adjudication to ensure procedural fairness and reconsideration of the penalty, emphasizing the importance of allowing the appellant an effective hearing. This decision underscores the significance of adhering to legal principles and providing opportunities for redemption in customs cases involving currency contraventions. en-us Wed, 02 Apr 2008 00:00:00 +0530 Sat, 15 Sep 2012 11:00:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123539 The Tribunal set aside the confiscation and penalty imposed on the appellant for carrying undeclared Indian currency at Chennai airport, citing the appellant's right to redeem the confiscated currency under Section 125. The case was remanded for fresh adjudication to ensure procedural fairness and reconsideration of the penalty, emphasizing the importance of allowing the appellant an effective hearing. This decision underscores the significance of adhering to legal principles and providing opportunities for redemption in customs cases involving currency contraventions. Case-Laws Customs Wed, 02 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123539