https://www.taxtmi.com/caselaws?id=338486 The appeal filed by Revenue against the Commissioner's decision not to confiscate goods and impose a redemption fine despite holding them liable to confiscation was dismissed. The Tribunal emphasized that since the goods were not available for confiscation, no redemption fine could be imposed. The case underscored the importance of the availability of goods for confiscation and redemption, as per Section 125 of the Customs Act, 1962. The Tribunal referenced legal precedents to support its decision and clarified that without seized goods, the redemption fine was not applicable. en-us Mon, 16 Jan 2017 00:00:00 +0530 Thu, 02 Mar 2017 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338486 The appeal filed by Revenue against the Commissioner's decision not to confiscate goods and impose a redemption fine despite holding them liable to confiscation was dismissed. The Tribunal emphasized that since the goods were not available for confiscation, no redemption fine could be imposed. The case underscored the importance of the availability of goods for confiscation and redemption, as per Section 125 of the Customs Act, 1962. The Tribunal referenced legal precedents to support its decision and clarified that without seized goods, the redemption fine was not applicable. Case-Laws Customs Mon, 16 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338486