https://www.taxtmi.com/caselaws?id=340331 The Appellate Tribunal CESTAT MUMBAI dismissed the Revenue's appeal challenging the non-imposition of a redemption fine on goods deemed liable for confiscation. The Tribunal upheld the adjudicating authority's decision, emphasizing that redemption fines are only applicable when confiscated goods are available for redemption, as per Section 125 of the Customs Act, 1962. Since the goods in question were not present for confiscation, the Tribunal deemed the non-imposition of a redemption fine as legally sound and correct, ultimately rejecting the Revenue's appeal for lack of merit. en-us Thu, 12 Jan 2017 00:00:00 +0530 Mon, 20 Mar 2017 10:12:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340331 The Appellate Tribunal CESTAT MUMBAI dismissed the Revenue's appeal challenging the non-imposition of a redemption fine on goods deemed liable for confiscation. The Tribunal upheld the adjudicating authority's decision, emphasizing that redemption fines are only applicable when confiscated goods are available for redemption, as per Section 125 of the Customs Act, 1962. Since the goods in question were not present for confiscation, the Tribunal deemed the non-imposition of a redemption fine as legally sound and correct, ultimately rejecting the Revenue's appeal for lack of merit. Case-Laws Customs Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340331