https://www.taxtmi.com/caselaws?id=201657 The court emphasized that redemption fine in customs law applies only when goods are available for redemption; if goods are not available, no fine can be imposed. Customs Authorities have the power to order confiscation of goods only if goods are available for redemption. Fines serve as compensation for violations of customs laws, contingent upon the availability of goods for redemption. The court upheld the waiver of fines on the Customs House Agent and Exporter, as well as the reduction of penalties on the Steamer Company, finding no substantial question of law and dismissing the appeals without costs. en-us Tue, 06 Jul 2010 00:00:00 +0530 Wed, 26 Jan 2011 20:14:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201657 The court emphasized that redemption fine in customs law applies only when goods are available for redemption; if goods are not available, no fine can be imposed. Customs Authorities have the power to order confiscation of goods only if goods are available for redemption. Fines serve as compensation for violations of customs laws, contingent upon the availability of goods for redemption. The court upheld the waiver of fines on the Customs House Agent and Exporter, as well as the reduction of penalties on the Steamer Company, finding no substantial question of law and dismissing the appeals without costs. Case-Laws Customs Tue, 06 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201657