https://www.taxtmi.com/article/detailed?id=5185 Redemption fine allows an owner or possessor of seized goods to pay a fine in lieu of confiscation; it is payable in addition to duties and any penalty imposed. The redemption fine is distinct from a penalty in legal character, but departmental instructions direct that redemption fine, duty and penalty be aggregated when determining whether the monetary threshold for departmental appeals or further litigation is met, permitting contest where the aggregated amount exceeds prescribed limits. en-us Wed, 10 Jul 2013 10:22:09 +0530 Wed, 10 Jul 2013 10:22:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5185 Redemption fine allows an owner or possessor of seized goods to pay a fine in lieu of confiscation; it is payable in addition to duties and any penalty imposed. The redemption fine is distinct from a penalty in legal character, but departmental instructions direct that redemption fine, duty and penalty be aggregated when determining whether the monetary threshold for departmental appeals or further litigation is met, permitting contest where the aggregated amount exceeds prescribed limits. Articles Customs - Import - Export - SEZ Wed, 10 Jul 2013 10:22:09 +0530 https://www.taxtmi.com/article/detailed?id=5185