https://www.taxtmi.com/caselaws?id=124888 Undeclared imported gold biscuits were held liable to confiscation and penalty because the surrounding circumstances showed they were not covered by the declaration and no duty had been paid, while the retractions were treated as an afterthought. Although confiscation stood, the goods were treated as not prohibited, so redemption under the Customs Act was allowed on the facts. The Tribunal fixed the redemption fine at Rs. 2,50,000, balancing the circumstances of the case and the connected matter. en-us Mon, 02 Feb 2009 00:00:00 +0530 Tue, 01 Aug 2017 09:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124888 Undeclared imported gold biscuits were held liable to confiscation and penalty because the surrounding circumstances showed they were not covered by the declaration and no duty had been paid, while the retractions were treated as an afterthought. Although confiscation stood, the goods were treated as not prohibited, so redemption under the Customs Act was allowed on the facts. The Tribunal fixed the redemption fine at Rs. 2,50,000, balancing the circumstances of the case and the connected matter. Case-Laws Customs Mon, 02 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124888