https://www.taxtmi.com/caselaws?id=180819 The High Court clarified that redemption fine under section 125 of the Customs Act can only be imposed when goods are available for redemption. If goods are not available, no fine can be imposed. The Court upheld the Tribunal's decision on the waiver of redemption fine, fine waiver for CHA and Exporter, and penalty reduction for the Steamer Company. The appeals were dismissed, emphasizing the importance of goods being available for redemption before imposing fines and the reasonableness of the Tribunal's decisions. en-us Tue, 06 Jul 2010 00:00:00 +0530 Sat, 02 Apr 2016 11:27:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180819 The High Court clarified that redemption fine under section 125 of the Customs Act can only be imposed when goods are available for redemption. If goods are not available, no fine can be imposed. The Court upheld the Tribunal's decision on the waiver of redemption fine, fine waiver for CHA and Exporter, and penalty reduction for the Steamer Company. The appeals were dismissed, emphasizing the importance of goods being available for redemption before imposing fines and the reasonableness of the Tribunal's decisions. Case-Laws Customs Tue, 06 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180819