https://www.taxtmi.com/caselaws?id=210951 The government upheld the confiscation of undeclared foreign currency under the Customs Act and FEMA regulations, imposing penalties under the Customs Act. The penalties were reduced to a Redemption Fine of Rs. 50,000/- and a penalty of Rs. 25,000/-. The order-in-appeal was affirmed with these adjustments, and the Revision Application was disposed of accordingly. en-us Wed, 04 Nov 2009 00:00:00 +0530 Tue, 28 Feb 2012 07:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210951 The government upheld the confiscation of undeclared foreign currency under the Customs Act and FEMA regulations, imposing penalties under the Customs Act. The penalties were reduced to a Redemption Fine of Rs. 50,000/- and a penalty of Rs. 25,000/-. The order-in-appeal was affirmed with these adjustments, and the Revision Application was disposed of accordingly. Case-Laws Customs Wed, 04 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210951