https://www.taxtmi.com/caselaws?id=216578 The Karnataka High Court ruled in favor of the assessee in a customs case involving the imposition of a redemption fine on vitrified tiles. The Court held that the redemption fine could only be imposed on goods that were actually seized and provisionally released, not on goods not seized but held liable for confiscation. The High Court found the imposition of the redemption fine on goods not seized to be unjustified and illegal, dismissing the Revenue's appeal. en-us Thu, 28 Jul 2011 00:00:00 +0530 Fri, 07 Sep 2012 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216578 The Karnataka High Court ruled in favor of the assessee in a customs case involving the imposition of a redemption fine on vitrified tiles. The Court held that the redemption fine could only be imposed on goods that were actually seized and provisionally released, not on goods not seized but held liable for confiscation. The High Court found the imposition of the redemption fine on goods not seized to be unjustified and illegal, dismissing the Revenue's appeal. Case-Laws Customs Thu, 28 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216578