https://www.taxtmi.com/caselaws?id=180659 The Central Government upheld the Commissioner (Appeals) decision, allowing for the refund of the residual amount after deducting the redemption fine and penalties from the confiscated currency under the Customs Act, 1962. The Government determined that the seized foreign currency could be returned by deducting the fine and penalty amount, rejecting the applicant's argument that the redemption fine needed to be deposited for the refund to be accessible. The revision application was dismissed, affirming the order-in-appeal as legal and proper. en-us Tue, 29 Apr 2014 00:00:00 +0530 Thu, 31 Mar 2016 10:39:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180659 The Central Government upheld the Commissioner (Appeals) decision, allowing for the refund of the residual amount after deducting the redemption fine and penalties from the confiscated currency under the Customs Act, 1962. The Government determined that the seized foreign currency could be returned by deducting the fine and penalty amount, rejecting the applicant's argument that the redemption fine needed to be deposited for the refund to be accessible. The revision application was dismissed, affirming the order-in-appeal as legal and proper. Case-Laws Customs Tue, 29 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180659